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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

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

Sidelines Mode (+55) - DJIBSCT 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 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
5432.06 5452.57 5432.00 5449.45 +17.64
Entry Signal

MarketClub’s Trade Triangles for DJIBSCT

long term up The long-term trend has been UP since Dec 1st, 2023 at 5164.15

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 5389.47

short term up The short-term trend has been UP since Apr 25th, 2024 at 5451.17

Smart Scan Analysis for DJIBSCT

Based on our trend formula, DJIBSCT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DJIBSCT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5432.06 5452.57 5432.00 5449.45 +17.64
Prev. Close Volume Bid Ask Time
5431.81 0 2024-04-26 08:15:49
52wk High4239.5252wk High Date2018-01-25
52wk Low3379.5752wk Low Date2018-10-26
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