Index Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
Dow Jones Islamic Market Telecommunications Index (INDEX:DJITLS)
Long-Term Uptrend (+90) - DJITLS is in a strong uptrend that is likely to continue. While DJITLS 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 DJITLS?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJITLS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJITLS
The long-term trend has been UP since Oct 6th, 2020 at 1917.63
The intermediate-term trend has been UP since Mar 31st, 2021 at 2123.25
The short-term trend has been UP since Apr 15th, 2021 at 2119.08
Smart Scan Analysis for DJITLS
Based on our trend formula, DJITLS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2400.5||52wk High Date||2018-01-29|
|52wk Low||1983.63||52wk Low Date||2018-11-13|