Index Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
DJ ISLAMIC MARKET OIL & GAS TRUST (INDEX:DJIENET)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 DOWN since Oct 22nd, 2018 at 5085.15
The intermediate term trend has been UP since Jan 9th, 2019 at 4508.23
The short term trend has been UP since Dec 26th, 2018 at 4130.11
Smart Scan Analysis for DJIENET
Based on a pre-defined weighted trend formula for chart analysis, DJIENET scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5591.01||52wk High Date||2018-05-22|
|52wk Low||4602.16||52wk Low Date||2018-11-23|