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Index Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

Dow Jones Commodity Index Corn TR (INDEX:DJCICNT)

Weak Uptrend (+65) - DJCICNT is showing signs of weakening momentum to the upside. Monitor DJCICNT as it may be in the beginning stages of a reversal.

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

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

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

INDEX_DJCICNT
Open High Low DJCICNT Price Change
28.367 28.491 27.903 27.996 -0.371
Entry Signal

MarketClub’s Trade Triangles for DJCICNT

long term up The long-term trend has been UP since May 3rd, 2024 at 28.885

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2024 at 27.909

short term down The short-term trend has been DOWN since May 15th, 2024 at 28.783

Smart Scan Analysis for DJCICNT

Based on our trend formula, DJCICNT is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for DJCICNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.367 28.491 27.903 27.996 -0.371
Prev. Close Volume Bid Ask Time
27.996 0 2024-05-17 15:44:02
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