|
|
Uptrend Broken SupportArchive
- 10/16/2026 -
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 second consecutive positive week for the WisdomTree Continuous Commodity Index Fund (GCC). During the week, the GCC climbed 0.05 points, or 0.19%, and closed at 26.75 on Friday, October 16, 2026. Weekly volume was -59% 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 27.24 on September 24, 2026. GCC gained -10.93 points, or -67.01%, in 142 weeks. Price is near the trend high.
 Medium-term trend: [See GCC medium-term trend chart]
A medium-term uptrend had started on June 24, 2026 at 22.26 and reached 27.24 on September 24, 2026. GCC gained -4.98 points, or -22.37%, in 13 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (26.87) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See GCC weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. 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 August 14, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 October 2, 2026 at 26.35 and reached 26.98 on October 13, 2026. GCC gained -0.63 points, or -2.39%, in 11 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Daily Technical Indicators: [See GCC daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since September 11, 2026. The distance between MACD and the signal line is low and getting smaller.
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.
The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (3.14%) is close to one year low (3.11%). It is 60.85% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|