Stock Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Horizons DAX Germany ETF (NASDAQ:DAX)
Crossroads (+60) - DAX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DAX
The long-term trend has been DOWN since Feb 24th, 2020 at 27.1413
The intermediate-term trend has been UP since May 20th, 2020 at 23.1795
The short-term trend has been UP since May 18th, 2020 at 22.0550
Smart Scan Analysis for DAX
Based on our trend formula, DAX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||34||Year High Date||2018-01-24|
|Year Low||25.11||Year Low Date||2018-11-20|
|52wk High||28.6631||52wk High Date||2020-01-02|
|52wk Low||17||52wk Low Date||2020-03-18|
|Average Volume||22,329||Shares Outstanding||700|