Stock Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Digital World Acquisition Corp. (NASDAQ:DWAC)
Sidelines Mode (+55) - DWAC 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 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.
MarketClub’s Trade Triangles for DWAC
The long-term trend has been UP since Jul 21st, 2023 at 16.00
The intermediate-term trend has been UP since Sep 5th, 2023 at 18.68
The short-term trend has been DOWN since Sep 29th, 2023 at 16.24
Smart Scan Analysis for DWAC
Based on our trend formula, DWAC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.8||52wk High Date||2022-11-07|
|52wk Low||12.34||52wk Low Date||2023-03-16|
|Average Volume||264,344||Shares Outstanding||32,898|