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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Dow Jones Islamic Market Oil & Gas Total Return Index (INDEX:DJIENET)

Long-Term Uptrend (+90) - DJIENET is in a strong uptrend that is likely to continue. While DJIENET is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

INDEX_DJIENET
Open High Low DJIENET Price Change
6223.13 6273.67 6206.19 6249.58 +28.40
Entry Signal

MarketClub’s Trade Triangles for DJIENET

long term up The long-term trend has been UP since Mar 1st, 2024 at 5900.01

intermediate term up The intermediate-term trend has been UP since Jul 3rd, 2024 at 6296.26

short term up The short-term trend has been UP since Jul 26th, 2024 at 6244.79

Smart Scan Analysis for DJIENET

Based on our trend formula, DJIENET is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DJIENET
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6223.13 6273.67 6206.19 6249.58 +28.40
Prev. Close Volume Bid Ask Time
6221.18 0 2024-07-26 16:38:59
52wk High5591.0152wk High Date2018-05-22
52wk Low4602.1652wk Low Date2018-11-23
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