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Mutual Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
VAN ECK CM COMMODITY INDEX FD CL A (NASDAQ:CMCAX)
Sidelines Mode (-55) - CMCAX 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 CMCAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CMCAX.
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 CMCAX
The long-term trend has been UP since Apr 1st, 2024 at 67.96
The intermediate-term trend has been DOWN since May 1st, 2024 at 69.29
The short-term trend has been UP since May 6th, 2024 at 69.36
Smart Scan Analysis for CMCAX
Based on our trend formula, CMCAX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 69.71 | 69.71 | 69.71 | 69.77 | +0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 69.71 | 0 | 69.77 | 74.03 | 2024-05-09 20:00:00 |
| 52wk High | 76.27 | 52wk High Date | 2023-09-14 |
| 52wk Low | 4.24 | 52wk Low Date | 2023-05-31 |
| Year End Close | 64.86 | Payment Date | 2019-12-23 |