UMMA

Technical Sentiment Analysis for Wahed Dow Jones Islamic World ETF (UMMA). As of 2026-05-06, Wahed Dow Jones Islamic World ETF (UMMA) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 10 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for UMMA stands at 70.27, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 0.74, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 84.95 and the Commodity Channel Index (CCI) at 259.33 further confirm a 2.13 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, UMMA is trading above its 60-day moving average of $32.78 and above its 200-day long-term moving average of $29.79. Key price levels to watch include the immediate resistance at $35.85 and strong support at $33.06. A break above $35.85 could signal a bull continuation, while falling below $33.06 may test the next Fibonacci floor at $31.82.