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Index Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

World Bioenergy Index (USD) (CME:BIOXPD)

Strong Downtrend (-100) - BIOXPD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BIOXPD continues to fall. Traders should use caution and set stops.

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.

Open High Low BIOXPD Price Change
89.51 89.58 89.32 89.41 -0.07
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 down The intermediate-term trend has been DOWN since May 21st, 2024 at 101.60

short term down The short-term trend has been DOWN since Jun 13th, 2024 at 92.48

Smart Scan Analysis for BIOXPD

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

Smart Scan Analysis for BIOXPD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
89.51 89.58 89.32 89.41 -0.07
Prev. Close Volume Bid Ask Time
89.48 0 2024-06-21 06:04:47
52wk High120.8952wk High Date2018-01-29
52wk Low87.3352wk Low Date2018-07-05
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