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Index Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

Dow Jones Islamic Market Consumer Services Index (INDEX:DJICYC)

Sidelines Mode (+55) - DJICYC 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 DJICYC?

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

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

INDEX_DJICYC
Open High Low DJICYC Price Change
6343.79 6343.92 6339.75 6339.98 -3.79
Entry Signal

MarketClub’s Trade Triangles for DJICYC

long term up The long-term trend has been UP since Dec 1st, 2023 at 5561.19

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 6406.34

short term down The short-term trend has been DOWN since May 20th, 2024 at 6405.36

Smart Scan Analysis for DJICYC

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

+55
Smart Scan Analysis for DJICYC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6343.79 6343.92 6339.75 6339.98 -3.79
Prev. Close Volume Bid Ask Time
6343.77 0 2024-05-23 01:34:44
52wk High4522.752wk High Date2018-01-29
52wk Low3984.2352wk Low Date2018-04-02
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