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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Dow Jones Commodity Index Petroleum ER (INDEX:DJCIPTP)
Long-Term Downtrend (-90) - DJCIPTP is in a strong downtrend that is likely to continue. While DJCIPTP 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 DJCIPTP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIPTP.
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 DJCIPTP
The long-term trend has been DOWN since Jun 3rd, 2024 at 36.900
The intermediate-term trend has been DOWN since Jul 16th, 2024 at 38.679
The short-term trend has been DOWN since Jul 19th, 2024 at 38.442
Smart Scan Analysis for DJCIPTP
Based on our trend formula, DJCIPTP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for DJCIPTP](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
38.197 | 38.242 | 37.167 | 37.546 | -0.685 |
Prev. Close | Volume | Bid | Ask | Time |
38.231 | 0 | 2024-07-26 15:33:20 |