Index Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
iShares MSCI UAE ETF (NASDAQ:UAE)
Bull Market Weakness (+75) - UAE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on UAE as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid UAE?
MarketClub looks at technical strength and momentum to determine if the timing is right for UAE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UAE
The long-term trend has been DOWN since May 24th, 2022 at 16.4702
The intermediate-term trend has been UP since Jul 20th, 2022 at 15.7860
The short-term trend has been UP since Aug 8th, 2022 at 16.4470
Smart Scan Analysis for UAE
Based on our trend formula, UAE is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||18.08||Year High Date||2018-01-19|
|Year Low||14.4||Year Low Date||2018-11-29|
|52wk High||19.4||52wk High Date||2022-04-04|
|52wk Low||14.39||52wk Low Date||2021-08-19|
|Average Volume||15,269||Shares Outstanding||1,850|