Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
DJ ISLAMIC MARKET MALAYSIA TITANS (INDEX:DJMY25)
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 DJMY25
The long term trend has been UP since Oct 27th, 2017 at 993.19
The intermediate term trend has been UP since Apr 11th, 2018 at 1096.42
The short term trend has been DOWN since Apr 23rd, 2018 at 1097.30
Smart Scan Analysis for DJMY25
Based on a pre-defined weighted trend formula for chart analysis, DJMY25 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1141.55||52wk High Date||2018-03-05|
|52wk Low||962.7||52wk Low Date||2017-05-26|