Index Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
Dow Jones Islamic Market Asia/Pacific Large-Cap Index (INDEX:DJIAPL)
Bear Market Rally (-75) - DJIAPL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJIAPL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DJIAPL?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJIAPL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJIAPL
The long-term trend has been DOWN since May 11th, 2021 at 2630.22
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1913.08
The short-term trend has been UP since Jun 24th, 2022 at 1911.29
Smart Scan Analysis for DJIAPL
Based on our trend formula, DJIAPL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2062.36||52wk High Date||2018-01-29|
|52wk Low||1585.72||52wk Low Date||2018-10-30|