Index Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Dow Jones Commodity Index Unleaded Gasoline (INDEX:DJCIRB)
Sidelines Mode (-55) - DJCIRB 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 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 Mar 3rd, 2023 at 747.82
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 690.19
The short-term trend has been UP since Mar 21st, 2023 at 692.00
Smart Scan Analysis for DJCIRB
Based on our trend formula, DJCIRB is rated as a -55 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|