Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Dow Jones Islamic Market Basic Materials Index (INDEX:DJIBSC)
Bear Market Rally (-75) - DJIBSC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJIBSC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DJIBSC?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJIBSC.
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 DJIBSC
The long-term trend has been DOWN since Dec 13th, 2024 at 2717.03
The intermediate-term trend has been DOWN since Dec 13th, 2024 at 2718.51
The short-term trend has been UP since Dec 24th, 2024 at 2591.43
Smart Scan Analysis for DJIBSC
Based on our trend formula, DJIBSC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2592.51 | 2593.62 | 2591.19 | 2592.33 | -0.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2592.84 | 0 | 2024-12-26 05:52:24 |
| 52wk High | 2639.8 | 52wk High Date | 2018-01-25 |
| 52wk Low | 2058.07 | 52wk Low Date | 2018-10-26 |