Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
Dow Jones Islamic Market Sri Lanka Index (USD) (INDEX:DJISRLD)
Bull Market Weakness (+75) - DJISRLD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJISRLD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJISRLD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJISRLD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJISRLD
The long-term trend has been DOWN since Feb 20th, 2020 at 1038.79
The intermediate-term trend has been UP since Jul 28th, 2020 at 886.75
The short-term trend has been UP since Jul 27th, 2020 at 884.75
Smart Scan Analysis for DJISRLD
Based on our trend formula, DJISRLD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1752.89||52wk High Date||2017-12-14|
|52wk Low||1072.41||52wk Low Date||2018-11-23|