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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.

INDEX_DJEG20
Open High Low DJEG20 Price Change
2682.50 2695.79 2656.79 2689.77 +8.97
Entry Signal

MarketClub’s Trade Triangles for DJEG20

long term up The long-term trend has been UP since Jul 14th, 2021 at 2272.70

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2022 at 2681.34

short term down 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).

-60
Smart Scan Analysis for DJEG20
Strong Downtrend Sideways 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 High3857.7552wk High Date2018-04-26
52wk Low2787.952wk Low Date2018-10-29
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