Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
Dow Jones Islamic Market China/Hong Kong Titans 30 Index (HKD) (INDEX:DJICHK)
Long-Term Downtrend (-90) - DJICHK is in a strong downtrend that is likely to continue. While DJICHK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJICHK?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJICHK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJICHK
The long-term trend has been DOWN since Jul 26th, 2021 at 2988.30
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 2741.07
The short-term trend has been DOWN since Nov 19th, 2021 at 2897.70
Smart Scan Analysis for DJICHK
Based on our trend formula, DJICHK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2533.33||52wk High Date||2018-06-07|
|52wk Low||1966.33||52wk Low Date||2018-10-30|