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Index Trend Analysis Report

Prepared for you on Saturday, September 14, 2024.

World Bioenergy Total Return Index (USD) (CME:BIOXD)

Sidelines Mode (-55) - BIOXD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

CME_BIOXD
Open High Low BIOXD Price Change
103.53 108.85 103.42 108.40 +4.85
Entry Signal

MarketClub’s Trade Triangles for BIOXD

long term down The long-term trend has been DOWN since Sep 27th, 2023 at 132.74

intermediate term down The intermediate-term trend has been DOWN since Sep 9th, 2024 at 103.40

short term up The short-term trend has been UP since Sep 12th, 2024 at 104.05

Smart Scan Analysis for BIOXD

Based on our trend formula, BIOXD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BIOXD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
103.53 108.85 103.42 108.40 +4.85
Prev. Close Volume Bid Ask Time
108.48 0 2024-09-13 16:49:02
52wk High133.0852wk High Date2018-01-29
52wk Low96.9152wk Low Date2018-07-05
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