Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Dow Jones Commodity Index Brent Crude ER (INDEX:DJCIBRP)

Bear Market Rally (-75) - DJCIBRP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJCIBRP as it may be in the beginning of a reversal.

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

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

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

INDEX_DJCIBRP
Open High Low DJCIBRP Price Change
619.96 627.36 616.34 624.61 +4.22
Entry Signal

MarketClub’s Trade Triangles for DJCIBRP

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 652.11

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2024 at 615.85

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 628.48

Smart Scan Analysis for DJCIBRP

Based on our trend formula, DJCIBRP is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for DJCIBRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
619.96 627.36 616.34 624.61 +4.22
Prev. Close Volume Bid Ask Time
624.61 0 2024-12-20 15:47:25
Get a free daily analysis and signals for Dow Jones Commodity Index Brent Crude ER (DJCIBRP) - Request Your Free Report.