Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)
Long-Term Downtrend (-90) - COMT is in a strong downtrend that is likely to continue. While COMT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid COMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for COMT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for COMT
The long-term trend has been DOWN since Jul 5th, 2022 at 39.075
The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 42.742
The short-term trend has been DOWN since Jun 30th, 2022 at 41.371
Smart Scan Analysis for COMT
Based on our trend formula, COMT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 40.332 | 40.332 | 38.174 | 38.548 | -2.614 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.620 | 0 | 2022-07-05 16:19:52 |
| Year High | 40.62 | Year High Date | 2018-05-22 |
| Year Low | 34.5728 | Year Low Date | 2018-11-27 |
| 52wk High | 46.2799 | 52wk High Date | 2022-06-08 |
| 52wk Low | 28.855 | 52wk Low Date | 2021-12-20 |
| Average Volume | 672,450 | Shares Outstanding | 400 |
| Market Cap | 523M | Volatility | 14.27 |