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Index Trend Analysis Report

Prepared for you on Thursday, May 16, 2024.

Dow Jones Commodity Index Coffee ER (INDEX:DJCIKCP)

Crossroads (-60) - DJCIKCP 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 DJCIKCP?

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

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

INDEX_DJCIKCP
Open High Low DJCIKCP Price Change
9.7858 9.8300 9.6656 9.7122 -0.0736
Entry Signal

MarketClub’s Trade Triangles for DJCIKCP

long term up The long-term trend has been UP since Oct 24th, 2023 at 7.8288

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2024 at 10.1851

short term down The short-term trend has been DOWN since May 13th, 2024 at 9.6950

Smart Scan Analysis for DJCIKCP

Based on our trend formula, DJCIKCP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DJCIKCP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.7858 9.8300 9.6656 9.7122 -0.0736
Prev. Close Volume Bid Ask Time
9.7858 0 2024-05-16 21:51:39
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