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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Dow Jones Commodity Index Energy ER (INDEX:DJCIENP)

Long-Term Downtrend (-90) - DJCIENP is in a strong downtrend that is likely to continue. While DJCIENP 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 DJCIENP?

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

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

INDEX_DJCIENP
Open High Low DJCIENP Price Change
20.291 20.311 19.774 19.943 -0.365
Entry Signal

MarketClub’s Trade Triangles for DJCIENP

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 19.705

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 20.788

short term down The short-term trend has been DOWN since Jul 7th, 2024 at 21.338

Smart Scan Analysis for DJCIENP

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

-90
Smart Scan Analysis for DJCIENP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.291 20.311 19.774 19.943 -0.365
Prev. Close Volume Bid Ask Time
20.308 0 2024-07-26 15:33:20
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