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Index Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Dow Jones Commodity Index Crude Oil (INDEX:DJCICL)
Crossroads (-60) - DJCICL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJCICL?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCICL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DJCICL
The long-term trend has been UP since Mar 1st, 2024 at 670.51
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 682.98
The short-term trend has been DOWN since Apr 30th, 2024 at 694.27
Smart Scan Analysis for DJCICL
Based on our trend formula, DJCICL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 656.80 | 656.85 | 646.94 | 654.04 | -2.56 |
| Prev. Close | Volume | Bid | Ask | Time |
| 656.60 | 0 | 2024-05-08 09:20:39 |
| 52wk High | 647.7675 | 52wk High Date | 2018-10-03 |
| 52wk Low | 416.428 | 52wk Low Date | 2018-11-29 |