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Index Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

Dow Jones Islamic Market Sri Lanka Index (LKR) (INDEX:DJISRL)

Long-Term Uptrend (+90) - DJISRL is in a strong uptrend that is likely to continue. While DJISRL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid DJISRL?

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

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

INDEX_DJISRL
Open High Low DJISRL Price Change
1698.38 1705.55 1698.38 1701.32 +4.53
Entry Signal

MarketClub’s Trade Triangles for DJISRL

long term up The long-term trend has been UP since Feb 26th, 2024 at 1641.05

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 1701.75

short term up The short-term trend has been UP since May 14th, 2024 at 1700.38

Smart Scan Analysis for DJISRL

Based on our trend formula, DJISRL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DJISRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1698.38 1705.55 1698.38 1701.32 +4.53
Prev. Close Volume Bid Ask Time
1701.32 0 2024-05-14 14:15:23
52wk High2401.9152wk High Date2017-12-14
52wk Low1695.4952wk Low Date2018-10-19
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