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Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Dow Jones Commodity Index Petroleum (INDEX:DJCIPT)

Long-Term Uptrend (+90) - DJCIPT is in a strong uptrend that is likely to continue. While DJCIPT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid DJCIPT?

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

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

INDEX_DJCIPT
Open High Low DJCIPT Price Change
137.46 137.73 137.30 137.42 -0.16
Entry Signal

MarketClub’s Trade Triangles for DJCIPT

long term up The long-term trend has been UP since Mar 1st, 2024 at 133.39

intermediate term up The intermediate-term trend has been UP since Dec 26th, 2023 at 126.92

short term up The short-term trend has been UP since Mar 13th, 2024 at 131.59

Smart Scan Analysis for DJCIPT

Based on our trend formula, DJCIPT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DJCIPT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
137.46 137.73 137.30 137.42 -0.16
Prev. Close Volume Bid Ask Time
137.58 0 2024-03-19 04:23:24
52wk High124.264752wk High Date2018-10-03
52wk Low83.03552wk Low Date2018-11-29
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