Index Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
NASDAQ Asia ex Japan Dividend Achievers HKD TR (NASDAQ:DAAXJPHKDT)
Crossroads (-60) - DAAXJPHKDT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DAAXJPHKDT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DAAXJPHKDT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DAAXJPHKDT
The long-term trend has been UP since Jul 5th, 2020 at 1537.87
The intermediate-term trend has been DOWN since May 3rd, 2021 at 1957.16
The short-term trend has been DOWN since May 11th, 2021 at 1966.13
Smart Scan Analysis for DAAXJPHKDT
Based on our trend formula, DAAXJPHKDT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).