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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

World Bioenergy Index (USD) (CME:BIOXPD)

Crossroads (+60) - BIOXPD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
93.53 94.50 92.97 93.34 -0.18
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 Jul 11th, 2024 at 92.71

short term up The short-term trend has been UP since Jul 25th, 2024 at 93.16

Smart Scan Analysis for BIOXPD

Based on our trend formula, BIOXPD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for BIOXPD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.53 94.50 92.97 93.34 -0.18
Prev. Close Volume Bid Ask Time
93.52 0 2024-07-26 16:50:02
52wk High120.8952wk High Date2018-01-29
52wk Low87.3352wk Low Date2018-07-05
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