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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

World Bioenergy Total Return Index (EUR) (CME:BIOX)

Crossroads (+60) - BIOX 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 BIOX?

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

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

CME_BIOX
Open High Low BIOX Price Change
131.19 132.49 130.45 130.94 -0.23
Entry Signal

MarketClub’s Trade Triangles for BIOX

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 129.40

intermediate term up The intermediate-term trend has been UP since Jul 16th, 2024 at 132.21

short term up The short-term trend has been UP since Jul 25th, 2024 at 130.38

Smart Scan Analysis for BIOX

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

+60
Smart Scan Analysis for BIOX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
131.19 132.49 130.45 130.94 -0.23
Prev. Close Volume Bid Ask Time
131.17 0 2024-07-26 16:50:02
52wk High136.9852wk High Date2018-01-12
52wk Low104.8652wk Low Date2018-04-04
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