Index Trend Analysis Report
Prepared for you on Tuesday, October 20, 2020.
Dorsey Wright Utilities Tech Leaders TR (NASDAQ:DWUTTR)
Crossroads (+60) - DWUTTR 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 DWUTTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWUTTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWUTTR
The long-term trend has been DOWN since Feb 28th, 2020 at 1956.78
The intermediate-term trend has been UP since Oct 5th, 2020 at 1859.56
The short-term trend has been UP since Oct 16th, 2020 at 1943.44
Smart Scan Analysis for DWUTTR
Based on our trend formula, DWUTTR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).