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.
MarketClub’s Trade Triangles for DWAC
The long-term trend has been DOWN since Apr 6th, 2022 at 45.2019
The intermediate-term trend has been DOWN since Aug 16th, 2022 at 29.3200
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).
|52wk High||175||52wk High Date||2021-10-22|
|52wk Low||9.8401||52wk Low Date||2021-10-06|
|Average Volume||575,791||Shares Outstanding||37,215|