Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
Dow Jones Commodity Index Heating Oil ER (INDEX:DJCIHOP)
Countertrend Down (-85) - DJCIHOP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid DJCIHOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIHOP.
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 DJCIHOP
The long-term trend has been DOWN since May 1st, 2024 at 576.01
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 595.93
The short-term trend has been UP since May 16th, 2024 at 570.83
Smart Scan Analysis for DJCIHOP
Based on our trend formula, DJCIHOP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
570.75 | 572.52 | 569.51 | 570.17 | -0.17 |
Prev. Close | Volume | Bid | Ask | Time |
570.34 | 0 | 2024-05-17 04:51:04 |