|
|
Uptrend ExhaustionArchive
- 5/8/2026 -
Sign In to see current Signals. |
WisdomTree Continuous Commodity Index Fund (GCC) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a seventh consecutive positive week for the WisdomTree Continuous Commodity Index Fund (GCC). During the week, the GCC climbed 0.18 points, or 0.71%, and closed at 25.47 on Friday, May 8, 2026. Weekly volume was -10% below average.
 Long-term trend: [See GCC long-term trend chart]
A long-term uptrend had started on January 2, 2024 at 16.31 and reached 25.64 on May 5, 2026. GCC gained -9.33 points, or -57.20%, in 122 weeks. Price is near the trend high.
 Medium-term trend: [See GCC medium-term trend chart]
A medium-term uptrend had started on March 23, 2026 at 23.05 and reached 25.64 on May 5, 2026. GCC gained -2.59 points, or -11.24%, in 6 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 25.32 and resistance is at 25.86. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See GCC weekly technical indicators chart]
Weekly Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is above its signal line since January 2, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
Short-term trend: [See GCC short-term trend chart]
A short-term uptrend had started on May 7, 2026 at 25.16 and reached 25.52 on May 8, 2026. GCC gained -0.36 points, or -1.43%, in 1 days. The price is now at the 13.89% retracement level.
 Daily Technical Indicators: [See GCC daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal.
The daily MACD line is above its signal line since April 8, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|