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Index Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Dow Jones Commodity Index Heating Oil (INDEX:DJCIHO)
Countertrend Up (+85) - DJCIHO 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 DJCIHO?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIHO.
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 DJCIHO
The long-term trend has been UP since Nov 11th, 2020 at 411.279
The intermediate-term trend has been UP since Aug 30th, 2021 at 667.580
The short-term trend has been DOWN since Oct 19th, 2021 at 790.800
Smart Scan Analysis for DJCIHO
Based on our trend formula, DJCIHO is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 800.756 | 804.568 | 800.630 | 803.844 | +6.364 |
| Prev. Close | Volume | Bid | Ask | Time |
| 797.480 | 0 | 2021-10-25 03:39:44 |
| 52wk High | 771.8336 | 52wk High Date | 2018-10-03 |
| 52wk Low | 570.1953 | 52wk Low Date | 2018-02-14 |