Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

WORLD BIOENERGY INDEX (USD) (CME:BIOXPD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_BIOXPD
Open High Low BIOXPD Price Change
98.88 0.00 98.09 98.22 -1.07
Entry Signal

MarketClub’s Trade Triangles for BIOXPD

long term up The long term trend has been UP since Sep 18th, 2018 at 103.68

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2018 at 101.52

short term down The short term trend has been DOWN since Oct 19th, 2018 at 103.00

Smart Scan Analysis for BIOXPD

Based on a pre-defined weighted trend formula for chart analysis, BIOXPD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for BIOXPD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
98.88 0.00 98.09 98.22 -1.07
Prev. Close Volume Bid Ask Time
99.29 0 2018-10-23 07:08:17
52wk High120.8952wk High Date2018-01-29
52wk Low87.3352wk Low Date2018-07-05
Want to analyze WORLD BIOENERGY INDEX (USD) BIOXPD or another symbol? Try our Free Index Trend Analysis Report.