Index Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Dorsey Wright Country and Stock Momentum Index (NASDAQ:DWACSM)
Weak Downtrend (-65) - DWACSM is showing signs of a strengthening downtrend. Monitor DWACSM as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DWACSM?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWACSM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWACSM
The long-term trend has been DOWN since Oct 12th, 2021 at 1267.60
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 1331.28
The short-term trend has been UP since Oct 13th, 2021 at 1288.09
Smart Scan Analysis for DWACSM
Based on our trend formula, DWACSM is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).