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Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Dow Jones EGX Egypt Titans 20 Index (EGP) (INDEX:DJEG20)

Sidelines Mode (+55) - DJEG20 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 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.

INDEX_DJEG20
Open High Low DJEG20 Price Change
7740.29 7740.29 7491.29 7547.57 -191.51
Entry Signal

MarketClub’s Trade Triangles for DJEG20

long term up The long-term trend has been UP since Aug 14th, 2023 at 4484.23

intermediate term up The intermediate-term trend has been UP since Jan 3rd, 2024 at 6654.80

short term down The short-term trend has been DOWN since Mar 13th, 2024 at 8360.52

Smart Scan Analysis for DJEG20

Based on our trend formula, DJEG20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DJEG20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7740.29 7740.29 7491.29 7547.57 -191.51
Prev. Close Volume Bid Ask Time
7739.08 0 2024-03-19 06:35:43
52wk High3857.7552wk High Date2018-04-26
52wk Low2787.952wk Low Date2018-10-29
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