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Index Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Dow Jones Islamic Market Kuwait Index (INDEX:DJIMKW)

Bull Market Weakness (+75) - DJIMKW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJIMKW as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid DJIMKW?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJIMKW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJIMKW
Open High Low DJIMKW Price Change
819.04 820.60 815.24 820.17 +1.13
Entry Signal

MarketClub’s Trade Triangles for DJIMKW

long term up The long-term trend has been UP since Jan 2nd, 2024 at 807.60

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 837.01

short term up The short-term trend has been UP since May 7th, 2024 at 820.79

Smart Scan Analysis for DJIMKW

Based on our trend formula, DJIMKW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for DJIMKW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
819.04 820.60 815.24 820.17 +1.13
Prev. Close Volume Bid Ask Time
819.04 0 2024-05-08 12:34:23
52wk High770.9652wk High Date2018-07-12
52wk Low692.0152wk Low Date2017-12-07
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