Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
Dow Jones Islamic Market U.S. Index (INDEX:IMUS)
Countertrend Up (+85) - IMUS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid IMUS?
MarketClub looks at technical strength and momentum to determine if the timing is right for IMUS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IMUS
The long-term trend has been UP since Feb 22nd, 2019 at 5101.93
The intermediate-term trend has been UP since Oct 22nd, 2019 at 5567.01
The short-term trend has been DOWN since Feb 20th, 2020 at 6331.14
Smart Scan Analysis for IMUS
Based on our trend formula, IMUS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5399.27||52wk High Date||2018-10-01|
|52wk Low||4495.47||52wk Low Date||2018-02-09|