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Index Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
Dow Jones Commodity Index Wheat (INDEX:DJCIWH)
Bull Market Weakness (+75) - DJCIWH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJCIWH as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJCIWH?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIWH.
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 DJCIWH
The long-term trend has been UP since Apr 26th, 2024 at 232.16
The intermediate-term trend has been UP since Mar 28th, 2024 at 209.89
The short-term trend has been DOWN since May 17th, 2024 at 242.79
Smart Scan Analysis for DJCIWH
Based on our trend formula, DJCIWH is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 245.47 | 250.00 | 240.67 | 240.76 | -4.80 |
| Prev. Close | Volume | Bid | Ask | Time |
| 240.76 | 0 | 2024-05-17 15:44:01 |
| 52wk High | 219.1312 | 52wk High Date | 2018-08-02 |
| 52wk Low | 151.8484 | 52wk Low Date | 2017-12-11 |