Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Dow Jones Commodity Index Cocoa (INDEX:DJCICC)
Strong Downtrend (-100) - DJCICC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DJCICC continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJCICC?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCICC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DJCICC
The long-term trend has been DOWN since Sep 4th, 2024 at 510.74
The intermediate-term trend has been DOWN since Oct 1st, 2024 at 528.04
The short-term trend has been DOWN since Oct 17th, 2024 at 559.96
Smart Scan Analysis for DJCICC
Based on our trend formula, DJCICC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 503.80 | 516.26 | 479.42 | 504.85 | +1.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 504.85 | 0 | 2024-10-25 15:33:53 |
| 52wk High | 219.2394 | 52wk High Date | 2018-04-26 |
| 52wk Low | 134.7502 | 52wk Low Date | 2017-12-22 |