Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
Dow Jones Commodity Index Gold TR (INDEX:DJCIGCT)
Sidelines Mode (-55) - DJCIGCT 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 DJCIGCT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIGCT.
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 DJCIGCT
The long-term trend has been UP since Oct 20th, 2023 at 593.81
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 683.06
The short-term trend has been UP since May 6th, 2024 at 691.53
Smart Scan Analysis for DJCIGCT
Based on our trend formula, DJCIGCT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 688.20 | 695.09 | 688.02 | 692.21 | +3.60 |
| Prev. Close | Volume | Bid | Ask | Time |
| 688.61 | 0 | 2024-05-06 15:52:18 |