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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

MERGENT DIVIDEND ACHIEVERS INDEX (NASDAQ:DAA)

Long-Term Uptrend (+90) - DAA is in a strong uptrend that is likely to continue. While DAA is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid DAA?

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

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

NASDAQ_DAA
Open High Low DAA Price Change
3458.21 3469.25 3454.80 3463.24 +9.17
Entry Signal

MarketClub’s Trade Triangles for DAA

long term up The long-term trend has been UP since Dec 1st, 2023 at 3124.84

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2024 at 3334.91

short term up The short-term trend has been UP since Mar 28th, 2024 at 3454.71

Smart Scan Analysis for DAA

Based on our trend formula, DAA is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DAA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3458.21 3469.25 3454.80 3463.24 +9.17
Prev. Close Volume Bid Ask Time
3463.24 0 2024-03-28 17:14:56
52wk High2270.9652wk High Date2018-09-21
52wk Low1993.7452wk Low Date2018-05-03
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