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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Dow Jones Islamic Market World Index (INDEX:DJIM)
Sidelines Mode (-55) - DJIM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJIM?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJIM.
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 DJIM
The long-term trend has been UP since Dec 1st, 2023 at 5818.82
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 6448.80
The short-term trend has been UP since Apr 23rd, 2024 at 6272.71
Smart Scan Analysis for DJIM
Based on our trend formula, DJIM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6331.80 | 6332.45 | 6243.04 | 6245.55 | -87.23 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6332.78 | 0 | 2024-04-25 09:30:24 |
| 52wk High | 3901.41 | 52wk High Date | 2018-01-29 |
| 52wk Low | 3404.57 | 52wk Low Date | 2018-10-29 |