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.
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MarketClub’s Trade Triangles for DJEG20
The long-term trend has been UP since Aug 14th, 2023 at 4484.23
The intermediate-term trend has been UP since Jan 3rd, 2024 at 6654.80
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).
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 High | 3857.75 | 52wk High Date | 2018-04-26 |
52wk Low | 2787.9 | 52wk Low Date | 2018-10-29 |