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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
MERGENT DIVIDEND ACHIEVERS INDEX (NASDAQ:DAA)
Sidelines Mode (+55) - DAA 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 DAA?
MarketClub looks at technical strength and momentum to determine if the timing is right for DAA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DAA
The long-term trend has been UP since Dec 1st, 2023 at 3124.84
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 3376.82
The short-term trend has been UP since Apr 22nd, 2024 at 3312.41
Smart Scan Analysis for DAA
Based on our trend formula, DAA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3344.57 | 3358.89 | 3337.97 | 3355.54 | +6.86 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3355.54 | 0 | 2024-04-24 17:15:44 |
| 52wk High | 2270.96 | 52wk High Date | 2018-09-21 |
| 52wk Low | 1993.74 | 52wk Low Date | 2018-05-03 |