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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Dow Jones Commodity Index Petroleum (INDEX:DJCIPT)

Countertrend Up (+85) - DJCIPT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
141.23 141.60 139.63 140.44 -1.18
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 down The short-term trend has been DOWN since Apr 15th, 2024 at 139.57

Smart Scan Analysis for DJCIPT

Based on our trend formula, DJCIPT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for DJCIPT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
141.23 141.60 139.63 140.44 -1.18
Prev. Close Volume Bid Ask Time
141.62 0 2024-04-16 12:14:04
52wk High124.264752wk High Date2018-10-03
52wk Low83.03552wk Low Date2018-11-29
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