Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Dow Jones Islamic Market Basic Materials Total Return Index (INDEX:DJIBSCT)

Strong Downtrend (-100) - DJIBSCT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DJIBSCT continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DJIBSCT?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJIBSCT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJIBSCT
Open High Low DJIBSCT Price Change
5018.71 5068.71 5007.55 5051.90 +35.10
Entry Signal

MarketClub’s Trade Triangles for DJIBSCT

long term down The long-term trend has been DOWN since Dec 13th, 2024 at 5306.34

intermediate term down The intermediate-term trend has been DOWN since Dec 13th, 2024 at 5309.44

short term down The short-term trend has been DOWN since Dec 9th, 2024 at 5403.11

Smart Scan Analysis for DJIBSCT

Based on our trend formula, DJIBSCT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for DJIBSCT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5018.71 5068.71 5007.55 5051.90 +35.10
Prev. Close Volume Bid Ask Time
5048.86 0 2024-12-20 16:40:04
52wk High4239.5252wk High Date2018-01-25
52wk Low3379.5752wk Low Date2018-10-26
Get a free daily analysis and signals for Dow Jones Islamic Market Basic Materials Total Return Index (DJIBSCT) - Request Your Free Report.