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Index Trend Analysis Report

Prepared for you on Monday, May 6, 2024.

Dow Jones Indonesia Index (INDEX:IDDOW)

Countertrend Down (-85) - IDDOW is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

INDEX_IDDOW
Open High Low IDDOW Price Change
1329.44 1335.03 1322.09 1325.37 -4.00
Entry Signal

MarketClub’s Trade Triangles for IDDOW

long term down The long-term trend has been DOWN since Apr 19th, 2024 at 1316.72

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2024 at 1373.87

short term up The short-term trend has been UP since May 6th, 2024 at 1330.95

Smart Scan Analysis for IDDOW

Based on our trend formula, IDDOW is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for IDDOW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1329.44 1335.03 1322.09 1325.37 -4.00
Prev. Close Volume Bid Ask Time
1329.37 0 2024-05-06 23:18:31
52wk High1525.2852wk High Date2018-02-20
52wk Low1218.1952wk Low Date2018-07-04
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