Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Dow Jones Commodity Index Heating Oil TR (INDEX:DJCIHOT)
Sidelines Mode (-55) - DJCIHOT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for DJCIHOT
The long-term trend has been UP since Feb 8th, 2024 at 1003.41
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 953.91
The short-term trend has been UP since Apr 26th, 2024 at 964.00
Smart Scan Analysis for DJCIHOT
Based on our trend formula, DJCIHOT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 956.25 | 964.76 | 954.25 | 956.66 | +1.71 |
| Prev. Close | Volume | Bid | Ask | Time |
| 954.95 | 0 | 2024-04-26 10:26:24 |