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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Dow Jones Commodity Index Petroleum (INDEX:DJCIPT)
Sidelines Mode (-55) - DJCIPT 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 DJCIPT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIPT.
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 DJCIPT
The long-term trend has been DOWN since Jun 3rd, 2024 at 126.29
The intermediate-term trend has been DOWN since Oct 28th, 2024 at 112.00
The short-term trend has been UP since Dec 24th, 2024 at 114.68
Smart Scan Analysis for DJCIPT
Based on our trend formula, DJCIPT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 114.76 | 115.36 | 114.49 | 115.29 | +0.39 |
| Prev. Close | Volume | Bid | Ask | Time |
| 114.90 | 0 | 2024-12-26 05:56:24 |
| 52wk High | 124.2647 | 52wk High Date | 2018-10-03 |
| 52wk Low | 83.035 | 52wk Low Date | 2018-11-29 |