Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
Dow Jones Islamic Market Industrials Index (INDEX:DJIIDU)
Sidelines Mode (-55) - DJIIDU is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJIIDU?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJIIDU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJIIDU
The long-term trend has been DOWN since Jan 21st, 2022 at 4655.50
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 4323.02
The short-term trend has been UP since May 26th, 2022 at 3957.41
Smart Scan Analysis for DJIIDU
Based on our trend formula, DJIIDU is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3343.52||52wk High Date||2018-01-29|
|52wk Low||2757.12||52wk Low Date||2018-10-29|