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Index Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
World Bioenergy Total Return Index (USD) (CME:BIOXD)
Strong Downtrend (-100) - BIOXD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BIOXD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BIOXD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BIOXD.
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 BIOXD
The long-term trend has been DOWN since Sep 23rd, 2022 at 142.28
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 148.89
The short-term trend has been DOWN since Mar 22nd, 2023 at 139.24
Smart Scan Analysis for BIOXD
Based on our trend formula, BIOXD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 135.19 | 136.38 | 134.48 | 135.78 | +0.26 |
| Prev. Close | Volume | Bid | Ask | Time |
| 135.52 | 0 | 2023-03-27 19:03:02 |
| 52wk High | 133.08 | 52wk High Date | 2018-01-29 |
| 52wk Low | 96.91 | 52wk Low Date | 2018-07-05 |