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Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Dow Jones Arabia Titans 50 Index (INDEX:DJARB50)
Long-Term Downtrend (-90) - DJARB50 is in a strong downtrend that is likely to continue. While DJARB50 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 DJARB50?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJARB50.
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 DJARB50
The long-term trend has been DOWN since Apr 1st, 2024 at 328.54
The intermediate-term trend has been DOWN since Jan 31st, 2024 at 337.38
The short-term trend has been DOWN since Apr 14th, 2024 at 332.30
Smart Scan Analysis for DJARB50
Based on our trend formula, DJARB50 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 322.36 | 325.23 | 322.35 | 324.29 | +1.98 |
| Prev. Close | Volume | Bid | Ask | Time |
| 322.31 | 0 | 2024-04-18 12:34:03 |
| 52wk High | 285.65 | 52wk High Date | 2018-11-19 |
| 52wk Low | 253.85 | 52wk Low Date | 2017-12-11 |