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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.

INDEX_DJIBSCT
Open High Low DJIBSCT Price Change
5271.51 5347.72 5270.63 5333.00 +93.44
Entry Signal

MarketClub’s Trade Triangles for DJIBSCT

long term down The long-term trend has been DOWN since Sep 17th, 2021 at 5207.37

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 5229.83

short term up 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).

-65
Smart Scan Analysis for DJIBSCT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5271.51 5347.72 5270.63 5333.00 +93.44
Prev. Close Volume Bid Ask Time
5239.56 0 2021-12-07 18:29:43
52wk High4239.5252wk High Date2018-01-25
52wk Low3379.5752wk Low Date2018-10-26
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