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Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2024.
Dorsey Wright Momentum Plus Low Volatility Index (NASDAQ:DWAMLV)
Strong Uptrend (+100) - DWAMLV is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DWAMLV continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid DWAMLV?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWAMLV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DWAMLV
The long-term trend has been UP since Nov 14th, 2023 at 1417.13
The intermediate-term trend has been UP since May 7th, 2024 at 1606.44
The short-term trend has been UP since May 6th, 2024 at 1591.60
Smart Scan Analysis for DWAMLV
Based on our trend formula, DWAMLV is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1639.25 | 1647.16 | 1639.25 | 1646.88 | +7.63 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1646.88 | 0 | 2024-05-17 17:14:00 |