Europe Retail industry

Europe Retail industry closed down by -2.75% to 822.39 on 23 January 2021 and +-2.27% on a weekly basis. Europe Retail industry momentum was last calculated at +100.0/100 indicating positive momentum. Europe Retail industry trend is +100.0/100 indicating a positive trend. Europe Retail industry momentum exhaustion is 1.8024 indicating Europe Retail industry is oversold.Europe Retail industry RSI is 61.4622 .

Europe Retail industry Chart

Europe Retail industry

Europe Retail industry Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Europe Retail industry. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the Europe Retail industry trading signals presented in the Europe Retail industry statistics table.

Security Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
Europe Retail industry EU.RETAIL 822.39 1 1 1.8024 61.4622 -2.75 -2.27 2.21 0.12352

Europe Retail industry closed at 822.39 on 23 January 2021. Europe Retail industry trend was last calculated at +100.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. Europe Retail industry momentum was last calculated at +100.0/100 (range: -100 to +100) indicating positive momentum. Europe Retail industry momentum exhaustion is 1.8024 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Europe Retail industry is oversold and a possible reversal is imminent. Europe Retail industry RSI was last calculated at 61.4622. Europe Retail industry moving averages were last recorded as follows: 1-month moving average: 695.367 in an uptrend , 1-quarter moving average: 679.859 in an uptrend and 1-year moving average: 610.92 in an uptrend. Europe Retail industry annual return was last recorded at None%, daily return was last recorded at -2.75%, and weekly return was last recorded at -2.27%. Europe Retail industry histrorical 20-day volatility was last recorded at 21.0845%, Europe Retail industry alpha None, Europe Retail industry beta None and Europe Retail industry maximum drawdown was recorded at None%. MacroVar models monitor Europe Retail industry statistics based on historical data since 1970.

Europe Retail industry News

Europe Retail industry Factors

Europe Retail industry

Factor Symbol Last Value Predicted Value R2 MacroVar Signal
Europe Retail Stocks vs Credit EU.STCR.RETAIL

Europe Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Euro Stoxx 50 STOXX50E 4026.6 1 0.75 1.11869 63.5414 -1.78 -1.21 0.29 -0.04339
STOXX Europe 600 STOXX 456.42 1 0.75 1.27737 65.4756 -0.58 0.36 3.23 -0.02743
Eurozone ETF EZU 48.9 1 1 1.6079 63.0535 -1.33 -2.04 -0.57 0.06937
EUR/USD - Euro US Dollar EURUSD 0.85 0 -0.75 -1.59048 45.5258 0.62 1.37 3.07 -0.08429

Europe Economic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade 8437.7 30184.6 -0.720463 -4.76515 -1.0 1.0 0.0166667 2021-01-31
business confidence 11.4 10.5 0.0857143 -1.52294 1.0 1.0 0.366667 2021-06-30
capacity utilization 82.3 77.7 0.0592021 -0.0178998 1.0 -1.0 0.283333 2021-04-01
consumer confidence -4.5 -6 -0.25 -0.705882 1.0 1.0 0.0166667 2021-06-30
consumer price index cpi 108.38 108.08 0.00277572 0.0230319 1.0 1.0 1 2021-05-31
core inflation rate 1.3 1.2 0.0833333 0.0833333 1.0 1.0 0.483333 2021-05-31
exports 148336 175327 -0.153947 -0.107227 -1.0 -1.0 0.0833333 2021-01-31
Real GDP 3166.92 3172.09 -0.00162984 -0.0260336 -1.0 -1.0 0.0333333 2021-03-31
government budget -6.9 -0.5 12.8 2.45 -1.0 -1.0 0 2020-01-31
government debt 12078200 10838300 0.1144 0.677612 1.0 1.0 0 2020-12-31
government debt to gdp 90.7 77.5 0.170323 0.479608 1.0 1.0 0 2020-12-31
imports 139899 145142 -0.0361232 -0.169211 -1.0 -1.0 0.05 2021-01-31
industrial production 21.2 38.8 -0.453608 -2.06 1.0 1.0 0.15 2021-05-31
industrial production mom 0.6 -1 -1.6 -0.727273 1.0 -1.0 0.566667 2021-03-31
long term unemployment rate 2.8 2.7 0.037037 -0.2 1.0 -1.0 0 2021-03-31
Producer Price Index 110.3 108.8 0.0137868 0.0964215 1.0 1.0 1 2021-05-31
PPI Index 9.6 7.6 0.263158 -3.04255 1.0 1.0 0.1 2021-05-31
retail sales MoM 4.6 -3.1 -2.48387 -0.744444 1.0 -1.0 0.6 2021-05-31
retail sales yoy 9.2 22.4 -0.589286 -5.18182 1.0 1.0 0.0333333 2021-05-31
unemployment rate 7.3 7.4 -0.0135135 0.140625 -1.0 1.0 0.933333 2021-03-31
youth unemployment rate 17.3 18.2 -0.0494506 0.0176471 -1.0 1.0 0.783333 2021-05-31
Central Bank Assets for Euro Area 7680140 7657630 0.00293955 0.0760296 1.0 1.0 0.633333 2021-06-04
Construction sector 0.8 -5 -1.16 -1.0442 1.0 1.0 0.416667 2021-04-01
Consumer sector -9 -12.1 -0.256198 -0.590909 1.0 1.0 0.05 2021-04-01
Manufacturing sector 9.4 1.1 7.54545 -1.29102 1.0 1.0 0.4 2021-04-01
Retail sector -1.5 -11 -0.863636 -0.948454 1.0 1.0 0.3 2021-04-01
Services sector 2.8 -9.4 -1.29787 -1.07254 1.0 1.0 0.216667 2021-04-01
ESI - Economic Composite 109.7 99.9 0.0980981 0.634873 1.0 1.0 1 2021-04-01

Europe Retail industry Trading Signals


MacroVar estimates the following signals: Europe Retail industry momentum, Europe Retail industry trend, Europe Retail industry oscillator, Europe Retail industry RSI and Europe Retail industry returns.

Europe Retail industry Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarEurope Retail industry momentum signal ranges from -100 to +100. The Europe Retail industry momentum signal is derived as the mean value from 4 calculations for the Europe Retail industry. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Europe Retail industry return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Europe Retail industry momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Europe Retail industry momentum signal moves from positive to negative value or vice-versa.

Europe Retail industry trend

Europe Retail industry trend signal ranges from -100 to +100. Europe Retail industry trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Europe Retail industry Closing price vs Europe Retail industry moving average (MA) calculation: If Europe Retail industry is greater than Europe Retail industry MA value is +1, else -1, 2. Europe Retail industry Moving average slope calculation: if current Europe Retail industry moving average is higher than the previous MA, Europe Retail industry upward slope +1, else -1
Europe Retail industry trend model can be used as a trend strength indicator. Europe Retail industry trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Europe Retail industry trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Europe Retail industry 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Europe Retail industry is in an uptrend when Europe Retail industry price is higher than the 52-week moving average and the Europe Retail industry 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Europe Retail industry oscillator and Europe Retail industry RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Europe Retail industry oscillator

The Europe Retail industry oscillator estimated by MacroVar is the z-score of the current Europe Retail industry price versus Europe Retail industry 1-year simple moving average price. The formula for the Europe Retail industry oscillator is:
Europe Retail industry oscillator = (Current Price – 250 trading days Europe Retail industry simple moving average price) / (250 days Europe Retail industry price standard deviation)

Europe Retail industry oversold conditions
Europe Retail industry is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Europe Retail industry is oversold it is often due for a rebound. Values of the Europe Retail industry oscillator lower than -2.5 signify oversold conditions. It must be noted that the Europe Retail industry oscillator must be analyzed ibn conjunction with the rest of Europe Retail industry quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Europe Retail industry RSI.
Europe Retail industry overbought conditions
Europe Retail industry is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Europe Retail industry is overbought it is often due for a correction. Values of the Europe Retail industry oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Europe Retail industry quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Europe Retail industry RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Europe Retail industry is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Europe Retail industry uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Europe Retail industry returns

MacroVar calculates Europe Retail industry returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Europe Retail industry returns = (Europe Retail industry Closing Price – Europe Retail industry Previous Price)/(Europe Retail industry Previous Price)
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