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Index Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

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

Bear Market Rally (-75) - DJEG20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJEG20 as it may be in the beginning 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
6878.71 6968.75 6874.46 6951.68 +74.41
Entry Signal

MarketClub’s Trade Triangles for DJEG20

long term down The long-term trend has been DOWN since Apr 29th, 2024 at 6482.61

intermediate term down The intermediate-term trend has been DOWN since Jun 9th, 2024 at 6909.77

short term up The short-term trend has been UP since Jun 13th, 2024 at 6935.51

Smart Scan Analysis for DJEG20

Based on our trend formula, DJEG20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DJEG20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6878.71 6968.75 6874.46 6951.68 +74.41
Prev. Close Volume Bid Ask Time
6951.68 0 2024-06-13 11:29:58
52wk High3857.7552wk High Date2018-04-26
52wk Low2787.952wk Low Date2018-10-29
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