Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
Dow Jones Arabia Titans 50 Index (INDEX:DJARB50)
Weak Downtrend (-65) - DJARB50 is showing signs of a strengthening downtrend. Monitor DJARB50 as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for DJARB50
The long-term trend has been DOWN since Feb 27th, 2020 at 292.40
The intermediate-term trend has been DOWN since Jul 20th, 2020 at 248.28
The short-term trend has been UP since Jul 28th, 2020 at 249.04
Smart Scan Analysis for DJARB50
Based on our trend formula, DJARB50 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||285.65||52wk High Date||2018-11-19|
|52wk Low||253.85||52wk Low Date||2017-12-11|