Index Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
Dow Jones Commodity Index Kansas Wheat (INDEX:DJCIKW)
Sidelines Mode (-55) - DJCIKW 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 DJCIKW?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIKW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIKW
The long-term trend has been UP since Sep 1st, 2020 at 157.68
The intermediate-term trend has been DOWN since Nov 30th, 2020 at 178.47
The short-term trend has been UP since Nov 25th, 2020 at 186.43
Smart Scan Analysis for DJCIKW
Based on our trend formula, DJCIKW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||196.7344||52wk High Date||2018-08-10|
|52wk Low||133.3875||52wk Low Date||2017-12-11|