Index Trend Analysis Report
Prepared for you on Wednesday, July 15, 2020.
Dow Jones U.S. Mortgage REITs Total Stock Market Index (INDEX:DWCMTG)
Sidelines Mode (-55) - DWCMTG 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 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 Feb 27th, 2020 at 546.44
The intermediate-term trend has been DOWN since Jun 29th, 2020 at 301.79
The short-term trend has been UP since Jul 13th, 2020 at 305.37
Smart Scan Analysis for DWCMTG
Based on our trend formula, DWCMTG is rated as a -55 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|