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Index Trend Analysis Report
Prepared for you on Sunday, May 12, 2024.
Dow Jones Islamic Market Basic Materials Index (INDEX:DJIBSC)
Long-Term Uptrend (+90) - DJIBSC is in a strong uptrend that is likely to continue. While DJIBSC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Dec 1st, 2023 at 2701.48
The intermediate-term trend has been UP since May 6th, 2024 at 2871.67
The short-term trend has been UP since May 6th, 2024 at 2857.62
Smart Scan Analysis for DJIBSC
Based on our trend formula, DJIBSC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2890.88 | 2893.03 | 2887.15 | 2888.93 | -1.73 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2890.66 | 0 | 2024-05-12 22:22:54 |
| 52wk High | 2639.8 | 52wk High Date | 2018-01-25 |
| 52wk Low | 2058.07 | 52wk Low Date | 2018-10-26 |