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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Dow Jones U.S. Medical Equipment Total Stock Market Index (INDEX:DWCMED)

Sidelines Mode (-55) - DWCMED 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 DWCMED?

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

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

INDEX_DWCMED
Open High Low DWCMED Price Change
29058.39 29449.07 29006.43 29380.12 +413.96
Entry Signal

MarketClub’s Trade Triangles for DWCMED

long term up The long-term trend has been UP since Dec 14th, 2023 at 27819.40

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 29915.95

short term up The short-term trend has been UP since Apr 23rd, 2024 at 29127.36

Smart Scan Analysis for DWCMED

Based on our trend formula, DWCMED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DWCMED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29058.39 29449.07 29006.43 29380.12 +413.96
Prev. Close Volume Bid Ask Time
29380.12 0 2024-04-23 16:19:28
52wk High20010.0652wk High Date2018-10-01
52wk Low14819.5252wk Low Date2017-12-06
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