Index Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
NASDAQ Asia ex Japan Dividend Achievers HKD TR (NASDAQ:DAAXJPHKDT)
Bull Market Weakness (+75) - DAAXJPHKDT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DAAXJPHKDT as it may be in the beginning stages of a reversal.
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 DOWN since Jul 20th, 2021 at 1915.79
The intermediate-term trend has been UP since Oct 17th, 2021 at 1939.94
The short-term trend has been UP since Oct 14th, 2021 at 1929.51
Smart Scan Analysis for DAAXJPHKDT
Based on our trend formula, DAAXJPHKDT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).