Index Trend Analysis Report
Prepared for you on Saturday, October 19, 2019.
Dow Jones Islamic Market Malaysia Titans 25 Index (INDEX:DJMY25)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DJMY25
The long term trend has been UP since Jun 18th, 2019 at 974.25
The intermediate term trend has been DOWN since Oct 2nd, 2019 at 960.09
The short term trend has been UP since Oct 14th, 2019 at 950.20
Smart Scan Analysis for DJMY25
Based on a pre-defined weighted trend formula for chart analysis, DJMY25 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1141.55000000||52wk High Date||2018-03-05|
|52wk Low||952.69000000||52wk Low Date||2018-10-25|