Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Dow Jones Commodity Index Energy (INDEX:DJCIEN)

Long-Term Downtrend (-90) - DJCIEN is in a strong downtrend that is likely to continue. While DJCIEN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DJCIEN?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIEN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJCIEN
Open High Low DJCIEN Price Change
130.50 130.63 127.18 128.26 -2.35
Entry Signal

MarketClub’s Trade Triangles for DJCIEN

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 127.04

intermediate term down The intermediate-term trend has been DOWN since Jul 14th, 2024 at 134.20

short term down The short-term trend has been DOWN since Jul 7th, 2024 at 138.22

Smart Scan Analysis for DJCIEN

Based on our trend formula, DJCIEN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DJCIEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
130.50 130.63 127.18 128.26 -2.35
Prev. Close Volume Bid Ask Time
130.61 0 2024-07-26 15:33:20
52wk High118.134252wk High Date2018-10-03
52wk Low87.268652wk Low Date2017-12-07
Get a free daily analysis and signals for Dow Jones Commodity Index Energy (DJCIEN) - Request Your Free Report.