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Downtrend Broken Resist.Archive
- 12/5/2025 -
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WisdomTree Continuous Commodity Index Fund (GCC) Technical Analysis
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| Summary:
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| | It was a second positive week after 4 consecutive negative weeks for the WisdomTree Continuous Commodity Index Fund (GCC). During the week, the GCC climbed 0.18 points, or 0.87%, and closed at 20.98 on Friday, December 5, 2025. Weekly volume was -22% 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 22.04 on October 9, 2025. GCC gained -5.73 points, or -35.13%, in 92 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (18.50) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 resistance line in a long-term trend.
 Medium-term trend: [See GCC medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 17.70 and reached 22.04 on October 9, 2025. GCC gained -4.34 points, or -24.52%, in 26 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 20.06 and resistance is at 22.87. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See GCC weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since October 31, 2025. The distance between MACD and the signal line is relatively high, but getting smaller. 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 November 21, 2025 at 20.03 and reached 21.11 on December 5, 2025. GCC gained -1.08 points, or -5.39%, in 14 days. The price is now at the 12.04% retracement level.
 Daily Technical Indicators: [See GCC daily technical indicators chart]
Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily 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 and Williams' Percentage Range help.
The daily MACD line is above its signal line since November 26, 2025. This is an indication that the short-term trend is up.
Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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