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Wahed Dow Jones Islamic World ETF

UMMA Technical Analysis Summary (NASDAQ)

Analyze UMMA on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

UMMA●NASDAQ
Financial ServicesAsset Management - Global
$37.30
$0.68(1.86%)
U.S. Market opens in 7h 40m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

UMMA Technical Analysis Summary (NASDAQ)

Wahed Dow Jones Islamic World ETF (NASDAQ: UMMA) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 53.14)
Trend Strength:Weak (ADX: 19.75)
Volatility:Low (ATR: 0.63)
Support/Resistance:$35.98 – $38.14 (Bollinger Bands)

Technical conditions suggest Wahed Dow Jones Islamic World ETF on the NASDAQ is awaiting a decisive move. Overall, Wahed Dow Jones Islamic World ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 53.14

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 50.17

Neutral
Mid-range signal with no clear trend.

Williams %R: -28.10

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -0.37

Neutral
Price change is minimal.

Takeaway:Wahed Dow Jones Islamic World ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.16

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.75

Weak
Weak trend, market trading sideways.

ATR (14): 0.63

Low
Low volatility, stable price action.

CCI (14): 57.57

Bullish
Bullish, momentum building upward.

Takeaway:Wahed Dow Jones Islamic World ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$38.14
Middle Band (SMA 20)
$37.06
Lower Band
$35.98
Current Position
Within Bands

Takeaway:Wahed Dow Jones Islamic World ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$38.17
Middle Line (EMA 20)
$36.92
Lower Channel
$35.66
Squeeze Status
Squeeze On

Takeaway:Wahed Dow Jones Islamic World ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-564.00K
Money Flow Index54.27Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.09Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:UMMA shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Wahed Dow Jones Islamic World ETF (NASDAQ: UMMA), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Wahed Dow Jones Islamic World ETF are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: UMMA) Technical Analysis FAQ