Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
Dow Jones Arabia Titans 50 Index (INDEX:DJARB50)
Bear Market Rally (-75) - DJARB50 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJARB50 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DJARB50?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJARB50.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DJARB50
The long-term trend has been DOWN since May 23rd, 2022 at 384.55
The intermediate-term trend has been DOWN since May 15th, 2023 at 331.98
The short-term trend has been UP since Jun 5th, 2023 at 328.38
Smart Scan Analysis for DJARB50
Based on our trend formula, DJARB50 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 329.29 | 330.48 | 329.13 | 330.48 | +1.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 330.48 | 0 | 2023-06-07 12:46:52 |
| 52wk High | 285.65 | 52wk High Date | 2018-11-19 |
| 52wk Low | 253.85 | 52wk Low Date | 2017-12-11 |