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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Dow Jones Islamic Market Telecommunications Index (INDEX:DJITLS)

Long-Term Downtrend (-90) - DJITLS is in a strong downtrend that is likely to continue. While DJITLS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

INDEX_DJITLS
Open High Low DJITLS Price Change
1881.28 1882.39 1873.73 1879.34 -1.15
Entry Signal

MarketClub’s Trade Triangles for DJITLS

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 1936.36

intermediate term down The intermediate-term trend has been DOWN since Jan 31st, 2024 at 1975.63

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 1936.10

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).

-90
Smart Scan Analysis for DJITLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1881.28 1882.39 1873.73 1879.34 -1.15
Prev. Close Volume Bid Ask Time
1880.49 0 2024-04-19 16:39:34
52wk High2400.552wk High Date2018-01-29
52wk Low1983.6352wk Low Date2018-11-13
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