Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

Dow Jones Commodity Index Grains (INDEX:DJCIGR)

Countertrend Up (+85) - DJCIGR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

INDEX_DJCIGR
Open High Low DJCIGR Price Change
247.94 249.55 245.56 246.27 -1.76
Entry Signal

MarketClub’s Trade Triangles for DJCIGR

long term up The long-term trend has been UP since May 2nd, 2024 at 240.76

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 236.05

short term down The short-term trend has been DOWN since May 15th, 2024 at 247.45

Smart Scan Analysis for DJCIGR

Based on our trend formula, DJCIGR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for DJCIGR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
247.94 249.55 245.56 246.27 -1.76
Prev. Close Volume Bid Ask Time
246.27 0 2024-05-17 15:44:02
52wk High201.472252wk High Date2018-05-29
52wk Low164.156152wk Low Date2018-07-13
Get a free daily analysis and signals for Dow Jones Commodity Index Grains (DJCIGR) - Request Your Free Report.