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Index Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
Dow Jones Commodity Index Nickel TR (INDEX:DJCIIKT)
Long-Term Downtrend (-90) - DJCIIKT is in a strong downtrend that is likely to continue. While DJCIIKT 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 DJCIIKT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIIKT.
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 DJCIIKT
The long-term trend has been DOWN since Mar 2nd, 2023 at 933.06
The intermediate-term trend has been DOWN since Aug 9th, 2023 at 799.81
The short-term trend has been DOWN since Sep 7th, 2023 at 794.16
Smart Scan Analysis for DJCIIKT
Based on our trend formula, DJCIIKT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 721.09 | 736.24 | 717.01 | 733.52 | +4.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 729.52 | 0 | 2023-09-27 10:26:24 |