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Index Trend Analysis Report

Prepared for you on Monday, December 17, 2018.

DJ ISLAMIC MARKET BASIC MATERIALS INDEX (INDEX:DJIBSC)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

INDEX_DJIBSC
Open High Low DJIBSC Price Change
2042.74 2057.66 2036.01 2049.31 +9.05
Entry Signal

MarketClub’s Trade Triangles for DJIBSC

long term down The long term trend has been DOWN since Aug 10th, 2018 at 2381.37

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 2294.25

short term down The short term trend has been DOWN since Dec 17th, 2018 at 2037.86

Smart Scan Analysis for DJIBSC

Based on a pre-defined weighted trend formula for chart analysis, DJIBSC scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for DJIBSC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2042.74 2057.66 2036.01 2049.31 +9.05
Prev. Close Volume Bid Ask Time
2114.03 0 2018-12-17 12:43:24
52wk High2639.852wk High Date2018-01-25
52wk Low2058.0752wk Low Date2018-10-26
Want to analyze DJ ISLAMIC MARKET BASIC MATERIALS INDEX DJIBSC or another symbol? Try our Free Index Trend Analysis Report.