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Index Trend Analysis Report

Prepared for you on Friday, November 15, 2024.

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

Crossroads (+60) - DJIENE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
3115.78 3135.64 3096.82 3104.82 -11.11
Entry Signal

MarketClub’s Trade Triangles for DJIENE

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 3028.86

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2024 at 3121.77

short term up The short-term trend has been UP since Nov 14th, 2024 at 3119.89

Smart Scan Analysis for DJIENE

Based on our trend formula, DJIENE is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for DJIENE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3115.78 3135.64 3096.82 3104.82 -11.11
Prev. Close Volume Bid Ask Time
3115.93 0 2024-11-15 12:58:49
52wk High3397.6152wk High Date2018-01-24
52wk Low2750.1352wk Low Date2018-11-23
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