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Index Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
Dow Jones EGX Egypt Titans 20 Index (EGP) (INDEX:DJEG20)
Crossroads (-60) - DJEG20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJEG20?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJEG20.
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 DJEG20
The long-term trend has been UP since Jul 14th, 2021 at 2272.70
The intermediate-term trend has been DOWN since Jan 19th, 2022 at 2681.34
The short-term trend has been DOWN since Jan 17th, 2022 at 2723.35
Smart Scan Analysis for DJEG20
Based on our trend formula, DJEG20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2682.50 | 2695.79 | 2656.79 | 2689.77 | +8.97 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2689.77 | 0 | 2022-01-20 12:47:20 |
| 52wk High | 3857.75 | 52wk High Date | 2018-04-26 |
| 52wk Low | 2787.9 | 52wk Low Date | 2018-10-29 |