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Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Dow Jones Islamic Market World Mid-Cap Index (INDEX:DJIMID)

Sidelines Mode (+55) - DJIMID 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 DJIMID?

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

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

INDEX_DJIMID
Open High Low DJIMID Price Change
4817.63 4817.74 4760.64 4808.61 -9.77
Entry Signal

MarketClub’s Trade Triangles for DJIMID

long term up The long-term trend has been UP since Dec 11th, 2023 at 4497.37

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 4886.27

short term up The short-term trend has been UP since Apr 23rd, 2024 at 4783.25

Smart Scan Analysis for DJIMID

Based on our trend formula, DJIMID is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DJIMID
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4817.63 4817.74 4760.64 4808.61 -9.77
Prev. Close Volume Bid Ask Time
4818.38 0 2024-04-25 13:18:14
52wk High3371.952wk High Date2018-01-29
52wk Low2812.6752wk Low Date2018-10-26
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