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Index Trend Analysis Report
Prepared for you on Thursday, May 16, 2024.
Dow Jones Islamic Market Consumer Goods Index (INDEX:DJINCY)
Bull Market Weakness (+75) - DJINCY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJINCY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJINCY?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJINCY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DJINCY
The long-term trend has been DOWN since Sep 26th, 2023 at 5189.85
The intermediate-term trend has been UP since Apr 29th, 2024 at 5185.45
The short-term trend has been UP since May 10th, 2024 at 5287.34
Smart Scan Analysis for DJINCY
Based on our trend formula, DJINCY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5329.53 | 5330.82 | 5323.51 | 5329.13 | -0.91 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5330.04 | 0 | 2024-05-16 06:40:09 |
| 52wk High | 4367.46 | 52wk High Date | 2018-01-24 |
| 52wk Low | 3772.56 | 52wk Low Date | 2018-10-26 |