Index Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Dorsey Wright Momentum Plus Low Vol TR Index (NASDAQ:DWAMLVT)
Sidelines Mode (+55) - DWAMLVT 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 DWAMLVT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWAMLVT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWAMLVT
The long-term trend has been UP since Jul 2nd, 2020 at 1166.88
The intermediate-term trend has been UP since Feb 10th, 2021 at 1416.69
The short-term trend has been DOWN since Feb 17th, 2021 at 1411.97
Smart Scan Analysis for DWAMLVT
Based on our trend formula, DWAMLVT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).