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Mutual Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
VAN ECK CM COMMODITY INDEX FD CL Y (NASDAQ:CMCYX)
Long-Term Uptrend (+90) - CMCYX is in a strong uptrend that is likely to continue. While CMCYX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CMCYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CMCYX.
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 CMCYX
The long-term trend has been UP since Apr 1st, 2024 at 70.34
The intermediate-term trend has been UP since Feb 27th, 2024 at 67.40
The short-term trend has been UP since Apr 12th, 2024 at 72.20
Smart Scan Analysis for CMCYX
Based on our trend formula, CMCYX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 72.30 | 72.30 | 72.30 | 72.49 | -0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 71.73 | 0 | 72.24 | 72.24 | 2024-04-15 17:19:45 |
| 52wk High | 74.41 | 52wk High Date | 2023-09-14 |
| 52wk Low | 4.38 | 52wk Low Date | 2023-05-31 |
| Year End Close | 67.09 | Payment Date | 2019-12-23 |