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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

World Bioenergy Index (EUR) (CME:BIOXP)

Sidelines Mode (+55) - BIOXP 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 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.

CME_BIOXP
Open High Low BIOXP Price Change
120.90 120.96 120.29 120.32 -0.57
Entry Signal

MarketClub’s Trade Triangles for BIOXP

long term up The long-term trend has been UP since Apr 4th, 2024 at 130.56

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2024 at 118.02

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 127.40

Smart Scan Analysis for BIOXP

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

+55
Smart Scan Analysis for BIOXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.90 120.96 120.29 120.32 -0.57
Prev. Close Volume Bid Ask Time
120.89 0 2024-04-19 07:20:47
52wk High124.4252wk High Date2018-01-12
52wk Low94.9352wk Low Date2018-07-05
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