Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
Dow Jones Islamic Market Titans 100 Index (INDEX:IMXL)
Sidelines Mode (-55) - IMXL 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 IMXL?
MarketClub looks at technical strength and momentum to determine if the timing is right for IMXL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IMXL
The long-term trend has been UP since Oct 26th, 2021 at 7616.68
The intermediate-term trend has been DOWN since Dec 1st, 2021 at 7699.55
The short-term trend has been UP since Dec 1st, 2021 at 7846.35
Smart Scan Analysis for IMXL
Based on our trend formula, IMXL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4386.21||52wk High Date||2018-10-01|
|52wk Low||3820.76||52wk Low Date||2018-02-09|