Index Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
Dorsey Wright Global Technical Leaders (NASDAQ:DWAGTL)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DWAGTL
The long term trend has been UP since Feb 25th, 2019 at 1123.55
The intermediate term trend has been UP since Jun 7th, 2019 at 1146.92
The short term trend has been DOWN since Jul 17th, 2019 at 1210.81
Smart Scan Analysis for DWAGTL
Based on a pre-defined weighted trend formula for chart analysis, DWAGTL scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1270.04||52wk High Date||2018-08-31|
|52wk Low||1022.89||52wk Low Date||2018-11-20|