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Index Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Dorsey Wright Financials Tech Leaders (NASDAQ:DWFN)
Long-Term Uptrend (+90) - DWFN is in a strong uptrend that is likely to continue. While DWFN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DWFN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWFN.
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 DWFN
The long-term trend has been UP since Dec 1st, 2023 at 1530.24
The intermediate-term trend has been UP since May 6th, 2024 at 1705.77
The short-term trend has been UP since May 3rd, 2024 at 1678.38
Smart Scan Analysis for DWFN
Based on our trend formula, DWFN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1711.91 | 1720.92 | 1709.45 | 1709.77 | +2.70 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1709.77 | 0 | 2024-05-07 17:15:25 |
| 52wk High | 1289.77 | 52wk High Date | 2018-01-24 |
| 52wk Low | 1054.17 | 52wk Low Date | 2018-10-26 |