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Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Dow Jones Commodity Index Grains ER (INDEX:DJCIGRP)
Long-Term Downtrend (-90) - DJCIGRP is in a strong downtrend that is likely to continue. While DJCIGRP 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 DJCIGRP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIGRP.
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 DJCIGRP
The long-term trend has been DOWN since Sep 21st, 2023 at 133.33
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 116.20
The short-term trend has been DOWN since Apr 9th, 2024 at 117.01
Smart Scan Analysis for DJCIGRP
Based on our trend formula, DJCIGRP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 115.03 | 115.11 | 114.15 | 114.61 | -0.44 |
| Prev. Close | Volume | Bid | Ask | Time |
| 115.05 | 0 | 2024-04-18 10:29:39 |