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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

World Bioenergy Index (USD) (CME:BIOXPD)

Sidelines Mode (+50) - BIOXPD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BIOXPD can gain momentum.

Is it time to buy, sell, or avoid BIOXPD?

MarketClub looks at technical strength and momentum to determine if the timing is right for BIOXPD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_BIOXPD
Open High Low BIOXPD Price Change
101.13 103.54 100.48 103.19 +2.10
Entry Signal

MarketClub’s Trade Triangles for BIOXPD

long term down The long-term trend has been DOWN since Sep 26th, 2023 at 112.92

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 100.60

short term up The short-term trend has been UP since Apr 19th, 2024 at 102.50

Smart Scan Analysis for BIOXPD

Based on our trend formula, BIOXPD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for BIOXPD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
101.13 103.54 100.48 103.19 +2.10
Prev. Close Volume Bid Ask Time
101.09 0 2024-04-19 15:58:17
52wk High120.8952wk High Date2018-01-29
52wk Low87.3352wk Low Date2018-07-05
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