Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
Dow Jones Islamic Market World Index (INDEX:DJIM)
Long-Term Uptrend (+90) - DJIM is in a strong uptrend that is likely to continue. While DJIM 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 DJIM?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJIM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJIM
The long-term trend has been UP since Jun 1st, 2020 at 4257.08
The intermediate-term trend has been UP since Apr 1st, 2021 at 5605.87
The short-term trend has been UP since Mar 29th, 2021 at 5535.72
Smart Scan Analysis for DJIM
Based on our trend formula, DJIM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3901.41||52wk High Date||2018-01-29|
|52wk Low||3404.57||52wk Low Date||2018-10-29|