Index Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
Dow Jones Commodity Index Petroleum ER (INDEX:DJCIPTP)
Strong Uptrend (+100) - DJCIPTP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DJCIPTP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for DJCIPTP
The long-term trend has been UP since Nov 24th, 2020 at 14.7988
The intermediate-term trend has been UP since Nov 9th, 2020 at 13.6330
The short-term trend has been UP since Jan 26th, 2021 at 17.4711
Smart Scan Analysis for DJCIPTP
Based on our trend formula, DJCIPTP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).