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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Dow Jones Global Technology Index (INDEX:W1TEC)
Sidelines Mode (-55) - W1TEC 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 W1TEC?
MarketClub looks at technical strength and momentum to determine if the timing is right for W1TEC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for W1TEC
The long-term trend has been UP since Nov 14th, 2023 at 2387.48
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2826.88
The short-term trend has been UP since Apr 23rd, 2024 at 2737.04
Smart Scan Analysis for W1TEC
Based on our trend formula, W1TEC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2748.20 | 2748.43 | 2746.04 | 2746.18 | -2.59 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2748.77 | 0 | 2024-04-25 03:02:20 |
| 52wk High | 1191.02 | 52wk High Date | 2018-08-30 |
| 52wk Low | 976.29 | 52wk Low Date | 2018-11-20 |