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Index Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Dow Jones Commodity Index TR (INDEX:DJCIT)
Countertrend Up (+85) - DJCIT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DJCIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIT.
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 DJCIT
The long-term trend has been UP since Oct 4th, 2024 at 465.45
The intermediate-term trend has been UP since Dec 11th, 2024 at 452.86
The short-term trend has been DOWN since Dec 16th, 2024 at 449.20
Smart Scan Analysis for DJCIT
Based on our trend formula, DJCIT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 442.71 | 447.42 | 442.10 | 446.53 | +3.84 |
| Prev. Close | Volume | Bid | Ask | Time |
| 446.53 | 0 | 2024-12-20 15:47:26 |