Index Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Dow Jones Islamic Market India Index (USD) (INDEX:DJIMIND)
Bull Market Weakness (+75) - DJIMIND is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJIMIND as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJIMIND?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJIMIND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJIMIND
The long-term trend has been UP since Jul 2nd, 2020 at 2396.44
The intermediate-term trend has been UP since May 6th, 2021 at 3539.99
The short-term trend has been DOWN since May 12th, 2021 at 3545.06
Smart Scan Analysis for DJIMIND
Based on our trend formula, DJIMIND is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2836.95||52wk High Date||2018-01-24|
|52wk Low||2213.66||52wk Low Date||2018-10-26|