Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Dow Jones Indonesia Index (INDEX:IDDOW)
Bull Market Weakness (+75) - IDDOW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDDOW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IDDOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDDOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IDDOW
The long-term trend has been DOWN since Oct 4th, 2023 at 1325.58
The intermediate-term trend has been UP since Nov 15th, 2023 at 1289.62
The short-term trend has been UP since Dec 8th, 2023 at 1319.18
Smart Scan Analysis for IDDOW
Based on our trend formula, IDDOW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1525.28||52wk High Date||2018-02-20|
|52wk Low||1218.19||52wk Low Date||2018-07-04|