Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
DJ ISLAMIC MARKET US LG-CAP INDEX (INDEX:IMUSL)
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 IMUSL
The long term trend has been UP since Jun 4th, 2018 at 4912.61
The intermediate term trend has been UP since Jul 9th, 2018 at 4983.51
The short term trend has been DOWN since Sep 17th, 2018 at 5209.08
Smart Scan Analysis for IMUSL
Based on a pre-defined weighted trend formula for chart analysis, IMUSL scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5257.46||52wk High Date||2018-08-30|
|52wk Low||4371.53||52wk Low Date||2017-09-25|