Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Dow Jones Commodity Index Unleaded Gasoline (INDEX:DJCIRB)
Weak Downtrend (-65) - DJCIRB is showing signs of a strengthening downtrend. Monitor DJCIRB as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DJCIRB?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIRB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIRB
The long-term trend has been UP since Oct 5th, 2021 at 642.147
The intermediate-term trend has been DOWN since Nov 4th, 2021 at 629.630
The short-term trend has been DOWN since Nov 26th, 2021 at 592.408
Smart Scan Analysis for DJCIRB
Based on our trend formula, DJCIRB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||624.4538||52wk High Date||2018-05-22|
|52wk Low||370.9089||52wk Low Date||2018-11-29|