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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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.
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MarketClub’s Trade Triangles for DWAMLVT
The long-term trend has been UP since Nov 13th, 2023 at 1555.86
The intermediate-term trend has been DOWN since Dec 9th, 2024 at 2122.07
The short-term trend has been UP since Dec 24th, 2024 at 2067.03
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2075.89 | 2075.89 | 2068.87 | 2071.34 | -4.55 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2075.89 | 0 | 2024-12-26 09:58:00 |