Index Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Dow Jones Islamic Market Kuwait Index (INDEX:DJIMKW)
Strong Downtrend (-100) - DJIMKW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DJIMKW continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJIMKW?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJIMKW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJIMKW
The long-term trend has been DOWN since Jun 13th, 2022 at 974.41
The intermediate-term trend has been DOWN since Jul 31st, 2023 at 867.03
The short-term trend has been DOWN since Sep 14th, 2023 at 823.33
Smart Scan Analysis for DJIMKW
Based on our trend formula, DJIMKW is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||770.96||52wk High Date||2018-07-12|
|52wk Low||692.01||52wk Low Date||2017-12-07|