Index Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Dow Jones U.S. Mortgage REITs Total Stock Market Index (INDEX:DWCMTG)
Bear Market Rally (-75) - DWCMTG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DWCMTG as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DWCMTG?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWCMTG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWCMTG
The long-term trend has been DOWN since Nov 30th, 2021 at 432.00
The intermediate-term trend has been UP since Jul 20th, 2022 at 345.67
The short-term trend has been DOWN since Aug 17th, 2022 at 365.80
Smart Scan Analysis for DWCMTG
Based on our trend formula, DWCMTG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||624.23||52wk High Date||2017-12-18|
|52wk Low||532.89||52wk Low Date||2018-02-06|