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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
iShares Bloomberg Roll Select Commodity Strategy ETF (PACF:CMDY)
Sidelines Mode (-55) - CMDY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CMDY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CMDY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CMDY
The long-term trend has been UP since Apr 1st, 2024 at 48.08
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 49.18
The short-term trend has been UP since May 6th, 2024 at 49.22
Smart Scan Analysis for CMDY
Based on our trend formula, CMDY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.4400 | 49.6300 | 49.3650 | 49.5001 | -0.2220 |
| Prev. Close | Volume | Bid | Ask | Time |
| 49.5300 | 11763 | 2024-05-08 15:40:13 |
| Year High | 52.86 | Year High Date | 2018-05-24 |
| Year Low | 46.6199 | Year Low Date | 2018-11-27 |
| 52wk High | 52.9972 | 52wk High Date | 2023-09-14 |
| 52wk Low | 45.255 | 52wk Low Date | 2024-02-21 |
| Average Volume | 21,593 | Volatility | 17.2 |