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Index Trend Analysis Report
Prepared for you on Saturday, May 18, 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.
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MarketClub’s Trade Triangles for DJEG20
The long-term trend has been DOWN since Apr 29th, 2024 at 6482.61
The intermediate-term trend has been DOWN since Apr 24th, 2024 at 7018.26
The short-term trend has been UP since May 16th, 2024 at 6800.77
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6729.06 | 6927.02 | 6719.40 | 6918.61 | +192.42 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6918.61 | 0 | 2024-05-16 12:04:57 |
| 52wk High | 3857.75 | 52wk High Date | 2018-04-26 |
| 52wk Low | 2787.9 | 52wk Low Date | 2018-10-29 |