Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
Dow Jones EGX Egypt Titans 20 Index (EGP) (INDEX:DJEG20)
Long-Term Downtrend (-90) - DJEG20 is in a strong downtrend that is likely to continue. While DJEG20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJEG20?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJEG20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DJEG20
The long-term trend has been DOWN since Apr 29th, 2024 at 6482.61
The intermediate-term trend has been DOWN since Apr 24th, 2024 at 7018.26
The short-term trend has been DOWN since Apr 18th, 2024 at 7439.43
Smart Scan Analysis for DJEG20
Based on our trend formula, DJEG20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6660.70 | 6911.64 | 6656.61 | 6898.03 | +235.94 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6898.03 | 0 | 2024-05-02 12:11:08 |
| 52wk High | 3857.75 | 52wk High Date | 2018-04-26 |
| 52wk Low | 2787.9 | 52wk Low Date | 2018-10-29 |