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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Dow Jones Islamic Market Oil & Gas Index (INDEX:DJIENE)
Countertrend Down (-85) - DJIENE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for DJIENE
The long-term trend has been DOWN since Aug 5th, 2024 at 3028.86
The intermediate-term trend has been DOWN since Dec 4th, 2024 at 3050.11
The short-term trend has been UP since Dec 24th, 2024 at 2808.76
Smart Scan Analysis for DJIENE
Based on our trend formula, DJIENE is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2817.97 | 2818.38 | 2816.26 | 2816.91 | -1.63 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2818.54 | 0 | 2024-12-26 04:37:04 |
| 52wk High | 3397.61 | 52wk High Date | 2018-01-24 |
| 52wk Low | 2750.13 | 52wk Low Date | 2018-11-23 |