Index Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
World Bioenergy Index (EUR) (CME:BIOXP)
Weak Downtrend (-65) - BIOXP is showing signs of a strengthening downtrend. Monitor BIOXP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BIOXP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BIOXP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BIOXP
The long-term trend has been DOWN since Oct 3rd, 2023 at 132.26
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 137.17
The short-term trend has been UP since Nov 30th, 2023 at 121.72
Smart Scan Analysis for BIOXP
Based on our trend formula, BIOXP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||124.42||52wk High Date||2018-01-12|
|52wk Low||94.93||52wk Low Date||2018-07-05|