Index Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
Dow Jones Islamic Market Utilities Index (INDEX:DJIUTI)
Sidelines Mode (+55) - DJIUTI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJIUTI?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJIUTI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJIUTI
The long-term trend has been DOWN since Mar 3rd, 2021 at 2014.21
The intermediate-term trend has been UP since May 7th, 2021 at 2113.88
The short-term trend has been DOWN since May 12th, 2021 at 2097.33
Smart Scan Analysis for DJIUTI
Based on our trend formula, DJIUTI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1819.65||52wk High Date||2018-02-02|
|52wk Low||1639.94||52wk Low Date||2018-10-26|