Index Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Nasdaq International Dividend Achievers Local TR (NASDAQ:DATLOCTR)
Long-Term Downtrend (-90) - DATLOCTR is in a strong downtrend that is likely to continue. While DATLOCTR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DATLOCTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DATLOCTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DATLOCTR
The long-term trend has been DOWN since Aug 17th, 2023 at 1505.74
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 1517.07
The short-term trend has been DOWN since Sep 20th, 2023 at 1554.76
Smart Scan Analysis for DATLOCTR
Based on our trend formula, DATLOCTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).