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Index Trend Analysis Report

Prepared for you on Thursday, August 5, 2021.

Dow Jones Islamic Market Oil & Gas Index (INDEX:DJIENE)

Bull Market Weakness (+75) - DJIENE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJIENE as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid DJIENE?

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

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

INDEX_DJIENE
Open High Low DJIENE Price Change
2192.16 2220.97 2191.72 2220.94 +29.51
Entry Signal

MarketClub’s Trade Triangles for DJIENE

long term up The long-term trend has been UP since Nov 24th, 2020 at 1871.13

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2021 at 2281.20

short term up The short-term trend has been UP since Jul 29th, 2021 at 2216.46

Smart Scan Analysis for DJIENE

Based on our trend formula, DJIENE is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for DJIENE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2192.16 2220.97 2191.72 2220.94 +29.51
Prev. Close Volume Bid Ask Time
2191.43 0 2021-08-05 11:13:29
52wk High3397.6152wk High Date2018-01-24
52wk Low2750.1352wk Low Date2018-11-23
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