Index Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
Dow Jones Europe Developed Markets Select REIT Index (USD) (INDEX:DWEDRT)
Countertrend Down (-85) - DWEDRT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid DWEDRT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWEDRT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWEDRT
The long-term trend has been DOWN since Feb 14th, 2022 at 846.82
The intermediate-term trend has been DOWN since Aug 19th, 2022 at 673.37
The short-term trend has been UP since Sep 30th, 2022 at 481.85
Smart Scan Analysis for DWEDRT
Based on our trend formula, DWEDRT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1224.01||52wk High Date||2018-02-01|
|52wk Low||937.73||52wk Low Date||2018-11-29|