Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

Dow Jones Malaysia Index (INDEX:MYDOW)

Long-Term Downtrend (-90) - MYDOW is in a strong downtrend that is likely to continue. While MYDOW is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MYDOW?

MarketClub looks at technical strength and momentum to determine if the timing is right for MYDOW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_MYDOW
Open High Low MYDOW Price Change
302.87 303.75 302.67 303.37 +1.51
Entry Signal

MarketClub’s Trade Triangles for MYDOW

long term down The long-term trend has been DOWN since May 6th, 2021 at 300.30

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2021 at 306.18

short term down The short-term trend has been DOWN since Apr 28th, 2021 at 308.39

Smart Scan Analysis for MYDOW

Based on our trend formula, MYDOW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MYDOW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
302.87 303.75 302.67 303.37 +1.51
Prev. Close Volume Bid Ask Time
303.37 0 2021-05-07 11:29:56
52wk High383.0252wk High Date2018-03-05
52wk Low312.2152wk Low Date2018-10-25
Get a free daily analysis and signals for Dow Jones Malaysia Index (MYDOW) - Request Your Free Report.