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Stock Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Digital World Acquisition Corp. (NASDAQ:DWAC)

Long-Term Downtrend (-90) - DWAC is in a strong downtrend that is likely to continue. While DWAC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DWAC?

MarketClub looks at technical strength and momentum to determine if the timing is right for DWAC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_DWAC
Open High Low DWAC Price Change
29.75 30.18 29.72 30.00 -0.44
Entry Signal

MarketClub’s Trade Triangles for DWAC

long term down The long-term trend has been DOWN since Apr 6th, 2022 at 45.2019

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2022 at 29.3200

short term down The short-term trend has been DOWN since Aug 16th, 2022 at 29.5000

Smart Scan Analysis for DWAC

Based on our trend formula, DWAC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DWAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.75 30.18 29.72 30.00 -0.44
Prev. Close Volume Bid Ask Time
30.44 337428 2022-08-19 15:59:45
52wk High17552wk High Date2021-10-22
52wk Low9.840152wk Low Date2021-10-06
Average Volume575,791Shares Outstanding37,215
Assets293,674,726MLiabilities12,314,298M
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