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Index Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
BNP Paribas Energy & Metals Enhanced Roll TR Index (CME:BNPIC52T)
Sidelines Mode (-55) - BNPIC52T 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 BNPIC52T?
MarketClub looks at technical strength and momentum to determine if the timing is right for BNPIC52T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BNPIC52T
The long-term trend has been DOWN since Jan 5th, 2023 at 507.23
The intermediate-term trend has been DOWN since Feb 3rd, 2023 at 509.00
The short-term trend has been UP since Mar 21st, 2023 at 486.15
Smart Scan Analysis for BNPIC52T
Based on our trend formula, BNPIC52T is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 494.02 | 495.46 | 490.41 | 492.84 | -0.79 |
| Prev. Close | Volume | Bid | Ask | Time |
| 492.84 | 0 | 2023-03-24 16:20:02 |