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Index Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

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

Weak Uptrend (+65) - DJIENET is showing signs of weakening momentum to the upside. Monitor DJIENET as it may be in the beginning stages of a reversal.

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
6449.15 6450.98 6449.13 6449.73 +1.16
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 down The intermediate-term trend has been DOWN since May 1st, 2024 at 6344.19

short term up The short-term trend has been UP since May 17th, 2024 at 6414.20

Smart Scan Analysis for DJIENET

Based on our trend formula, DJIENET is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for DJIENET
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6449.15 6450.98 6449.13 6449.73 +1.16
Prev. Close Volume Bid Ask Time
6448.57 0 2024-05-20 04:22:44
52wk High5591.0152wk High Date2018-05-22
52wk Low4602.1652wk Low Date2018-11-23
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