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Index Trend Analysis Report
Prepared for you on Thursday, January 23, 2025.
Dow Jones Islamic Market Basic Materials Index (INDEX:DJIBSC)
Sidelines Mode (-55) - DJIBSC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Jan 14th, 2025 at 2595.24
The short-term trend has been DOWN since Jan 23rd, 2025 at 2649.98
Smart Scan Analysis for DJIBSC
Based on our trend formula, DJIBSC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2666.68 | 2667.74 | 2649.25 | 2651.88 | -14.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2666.26 | 0 | 2025-01-23 09:49:44 |
| 52wk High | 2639.8 | 52wk High Date | 2018-01-25 |
| 52wk Low | 2058.07 | 52wk Low Date | 2018-10-26 |