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Stock Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
AdvisorShares Dorsey Wright Micro-Cap ETF (NASDAQ:DWMC)
Long-Term Downtrend (-90) - DWMC is in a strong downtrend that is likely to continue. While DWMC 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 DWMC?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWMC.
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 DWMC
The long-term trend has been DOWN since Mar 15th, 2023 at 31.65
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 33.36
The short-term trend has been DOWN since Mar 10th, 2023 at 33.85
Smart Scan Analysis for DWMC
Based on our trend formula, DWMC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.9500 | 30.9500 | 30.9200 | 30.9500 | +0.4303 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.0000 | 777 | 2023-03-21 13:03:51 |
| Year High | 26.52 | Year High Date | 2018-09-10 |
| Year Low | 19.71 | Year Low Date | 2018-11-20 |
| 52wk High | 37.538 | 52wk High Date | 2022-03-30 |
| 52wk Low | 28.071 | 52wk Low Date | 2022-09-26 |
| Average Volume | 731 | Shares Outstanding | 100 |
| Market Cap | 2M | Volatility | 30.16 |