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Index Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Dow Jones South Africa Index (USD) (INDEX:ZADOWD)

Sidelines Mode (+55) - ZADOWD 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 ZADOWD?

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

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

INDEX_ZADOWD
Open High Low ZADOWD Price Change
306.52 308.19 304.97 305.15 -1.39
Entry Signal

MarketClub’s Trade Triangles for ZADOWD

long term up The long-term trend has been UP since May 2nd, 2024 at 298.17

intermediate term up The intermediate-term trend has been UP since May 2nd, 2024 at 298.17

short term down The short-term trend has been DOWN since May 22nd, 2024 at 311.85

Smart Scan Analysis for ZADOWD

Based on our trend formula, ZADOWD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZADOWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
306.52 308.19 304.97 305.15 -1.39
Prev. Close Volume Bid Ask Time
306.54 0 2024-05-29 11:03:46
52wk High474.7552wk High Date2018-01-26
52wk Low291.1652wk Low Date2018-10-25
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