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Index Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

WORLD BIOENERGY INDEX (USD) (CME:BIOXPD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_BIOXPD
Open High Low BIOXPD Price Change
101.02 103.63 100.75 101.02 -2.57
Entry Signal

MarketClub’s Trade Triangles for BIOXPD

long term down The long term trend has been DOWN since Dec 18th, 2018 at 94.45

intermediate term up The intermediate term trend has been UP since Jan 8th, 2019 at 97.47

short term down The short term trend has been DOWN since Feb 15th, 2019 at 101.41

Smart Scan Analysis for BIOXPD

Based on a pre-defined weighted trend formula for chart analysis, BIOXPD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for BIOXPD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
101.02 103.63 100.75 101.02 -2.57
Prev. Close Volume Bid Ask Time
97.94 0 2019-02-15 16:50:02
52wk High120.8952wk High Date2018-01-29
52wk Low87.3352wk Low Date2018-07-05
Want to analyze WORLD BIOENERGY INDEX (USD) BIOXPD or another symbol? Try our Free Index Trend Analysis Report.