Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
Dow Jones Arabia Titans 50 Index (INDEX:DJARB50)
Sidelines Mode (+55) - DJARB50 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Aug 11th, 2020 at 254.82
The intermediate-term trend has been DOWN since May 10th, 2022 at 425.27
The short-term trend has been UP since May 9th, 2022 at 432.23
Smart Scan Analysis for DJARB50
Based on our trend formula, DJARB50 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 391.06 | 391.97 | 390.13 | 390.89 | -0.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 390.89 | 0 | 2022-05-20 13:33:28 |
| 52wk High | 285.65 | 52wk High Date | 2018-11-19 |
| 52wk Low | 253.85 | 52wk Low Date | 2017-12-11 |