Index Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
Dorsey Wright Emerging Markets Tech Leaders (NASDAQ:DWAEM)
Sidelines Mode (+55) - DWAEM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DWAEM?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWAEM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWAEM
The long-term trend has been UP since Jul 1st, 2020 at 99.297
The intermediate-term trend has been UP since Apr 9th, 2020 at 82.870
The short-term trend has been DOWN since Aug 10th, 2020 at 108.553
Smart Scan Analysis for DWAEM
Based on our trend formula, DWAEM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||117.08||52wk High Date||2018-01-26|
|52wk Low||83.39||52wk Low Date||2018-10-25|