Index Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
Dow Jones Commodity Index Heating Oil TR (INDEX:DJCIHOT)
Strong Uptrend (+100) - DJCIHOT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DJCIHOT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid DJCIHOT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIHOT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIHOT
The long-term trend has been UP since Nov 24th, 2020 at 244.092
The intermediate-term trend has been UP since Apr 12th, 2021 at 327.649
The short-term trend has been UP since Apr 27th, 2021 at 335.245
Smart Scan Analysis for DJCIHOT
Based on our trend formula, DJCIHOT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).