Index Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
Dow Jones Islamic Market Basic Materials Total Return Index (INDEX:DJIBSCT)
Weak Downtrend (-65) - DJIBSCT is showing signs of a strengthening downtrend. Monitor DJIBSCT as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for DJIBSCT
The long-term trend has been DOWN since Sep 17th, 2021 at 5207.37
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 5229.83
The short-term trend has been UP since Dec 7th, 2021 at 5244.18
Smart Scan Analysis for DJIBSCT
Based on our trend formula, DJIBSCT is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4239.52||52wk High Date||2018-01-25|
|52wk Low||3379.57||52wk Low Date||2018-10-26|