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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Countertrend Down (-85) - DJIENET 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 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
5623.61 5624.46 5620.23 5621.25 -3.52
Entry Signal

MarketClub’s Trade Triangles for DJIENET

long term down The long-term trend has been DOWN since Dec 18th, 2024 at 5625.41

intermediate term down The intermediate-term trend has been DOWN since Dec 4th, 2024 at 6058.16

short term up The short-term trend has been UP since Dec 24th, 2024 at 5605.27

Smart Scan Analysis for DJIENET

Based on our trend formula, DJIENET is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DJIENET
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5623.61 5624.46 5620.23 5621.25 -3.52
Prev. Close Volume Bid Ask Time
5624.77 0 2024-12-26 04:50:04
52wk High5591.0152wk High Date2018-05-22
52wk Low4602.1652wk Low Date2018-11-23
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