Index Trend Analysis Report
Prepared for you on Saturday, August 20, 2022.
NASDAQ Broad Canadian Dividend Achievers Index TR (NASDAQ:DACATR)
Bull Market Weakness (+75) - DACATR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DACATR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DACATR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DACATR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DACATR
The long-term trend has been DOWN since May 9th, 2022 at 3622.68
The intermediate-term trend has been UP since Jul 25th, 2022 at 3518.87
The short-term trend has been UP since Aug 8th, 2022 at 3605.79
Smart Scan Analysis for DACATR
Based on our trend formula, DACATR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2581.49||52wk High Date||2018-08-21|
|52wk Low||2271.29||52wk Low Date||2018-02-09|