Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
Dow Jones Commodity Index Heating Oil ER (INDEX:DJCIHOP)
Bull Market Weakness (+75) - DJCIHOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJCIHOP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJCIHOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIHOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DJCIHOP
The long-term trend has been DOWN since Aug 5th, 2022 at 507.50
The intermediate-term trend has been UP since Oct 5th, 2022 at 580.66
The short-term trend has been UP since Sep 28th, 2022 at 527.68
Smart Scan Analysis for DJCIHOP
Based on our trend formula, DJCIHOP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 561.39 | 591.61 | 555.35 | 587.28 | +25.63 |
| Prev. Close | Volume | Bid | Ask | Time |
| 561.65 | 0 | 2022-10-05 14:13:19 |