Index Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
DJ ISLAMIC MARKET OIL & GAS TRUST (INDEX:DJIENET)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for DJIENET
The long term trend has been UP since May 10th, 2018 at 5410.16
The intermediate term trend has been UP since Apr 5th, 2018 at 4959.47
The short term trend has been DOWN since May 22nd, 2018 at 5508.35
Smart Scan Analysis for DJIENET
Based on a pre-defined weighted trend formula for chart analysis, DJIENET scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5591.01||52wk High Date||2018-05-22|
|52wk Low||4431.21||52wk Low Date||2017-08-21|