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Index Trend Analysis Report

Prepared for you on Tuesday, October 8, 2024.

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

Weak Uptrend (+65) - DJEG20 is showing signs of weakening momentum to the upside. Monitor DJEG20 as it may be in the beginning stages of a reversal.

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
8193.67 8198.75 7977.33 7995.95 -194.34
Entry Signal

MarketClub’s Trade Triangles for DJEG20

long term up The long-term trend has been UP since Aug 1st, 2024 at 7711.50

intermediate term up The intermediate-term trend has been UP since Aug 12th, 2024 at 7776.88

short term down The short-term trend has been DOWN since Oct 8th, 2024 at 8166.81

Smart Scan Analysis for DJEG20

Based on our trend formula, DJEG20 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for DJEG20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8193.67 8198.75 7977.33 7995.95 -194.34
Prev. Close Volume Bid Ask Time
8190.29 0 2024-10-08 11:10:28
52wk High3857.7552wk High Date2018-04-26
52wk Low2787.952wk Low Date2018-10-29
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