Analyze Symbol

Index Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_BIOX
Open High Low BIOX Price Change
108.82 109.59 108.24 108.82 -0.07
Entry Signal

MarketClub’s Trade Triangles for BIOX

long term down The long term trend has been DOWN since May 17th, 2019 at 124.33

intermediate term down The intermediate term trend has been DOWN since Jul 24th, 2019 at 119.94

short term up The short term trend has been UP since Aug 19th, 2019 at 106.77

Smart Scan Analysis for BIOX

Based on a pre-defined weighted trend formula for chart analysis, BIOX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for BIOX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.82 109.59 108.24 108.82 -0.07
Prev. Close Volume Bid Ask Time
124.36 0 2019-08-23 14:00:02
52wk High136.9852wk High Date2018-01-12
52wk Low104.8652wk Low Date2018-04-04
Want to analyze World Bioenergy Total Return Index (EUR) BIOX or another symbol? Try our Free Index Trend Analysis Report.