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Index Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Dow Jones Commodity Index Crude Oil (INDEX:DJCICL)

Sidelines Mode (+55) - DJCICL 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 DJCICL?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJCICL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJCICL
Open High Low DJCICL Price Change
667.04 669.86 662.54 665.49 -1.42
Entry Signal

MarketClub’s Trade Triangles for DJCICL

long term up The long-term trend has been UP since Mar 1st, 2024 at 670.51

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 682.98

short term up The short-term trend has been UP since May 9th, 2024 at 666.60

Smart Scan Analysis for DJCICL

Based on our trend formula, DJCICL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DJCICL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
667.04 669.86 662.54 665.49 -1.42
Prev. Close Volume Bid Ask Time
666.91 0 2024-05-09 14:28:09
52wk High647.767552wk High Date2018-10-03
52wk Low416.42852wk Low Date2018-11-29
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