Index Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
DJ ISLAMIC MARKET INDIA INDEX (INDEX:DJIMIND)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DJIMIND
The long term trend has been UP since Mar 6th, 2019 at 2529.99
The intermediate term trend has been UP since Mar 5th, 2019 at 2500.59
The short term trend has been UP since Mar 11th, 2019 at 2522.54
Smart Scan Analysis for DJIMIND
Based on a pre-defined weighted trend formula for chart analysis, DJIMIND scored +90 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|