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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Dow Jones Commodity Index Cocoa (INDEX:DJCICC)
Sidelines Mode (-50) - DJCICC is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DJCICC can gain momentum.
Is it time to buy, sell, or avoid DJCICC?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCICC.
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 DJCICC
The long-term trend has been UP since Nov 7th, 2022 at 184.12
The intermediate-term trend has been DOWN since Jun 24th, 2024 at 635.94
The short-term trend has been DOWN since Jul 26th, 2024 at 580.46
Smart Scan Analysis for DJCICC
Based on our trend formula, DJCICC is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 582.03 | 603.95 | 575.62 | 599.40 | +17.37 |
| Prev. Close | Volume | Bid | Ask | Time |
| 582.03 | 0 | 2024-07-26 15:33:20 |
| 52wk High | 219.2394 | 52wk High Date | 2018-04-26 |
| 52wk Low | 134.7502 | 52wk Low Date | 2017-12-22 |