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Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Dow Jones Islamic Market Basic Materials Total Return Index (INDEX:DJIBSCT)
Crossroads (+60) - DJIBSCT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJIBSCT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJIBSCT.
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 DJIBSCT
The long-term trend has been UP since Dec 1st, 2023 at 5164.15
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 5389.47
The short-term trend has been DOWN since Apr 30th, 2024 at 5432.00
Smart Scan Analysis for DJIBSCT
Based on our trend formula, DJIBSCT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5458.00 | 5515.69 | 5453.46 | 5492.64 | +36.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5492.34 | 0 | 2024-05-03 16:39:59 |
| 52wk High | 4239.52 | 52wk High Date | 2018-01-25 |
| 52wk Low | 3379.57 | 52wk Low Date | 2018-10-26 |