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Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Dorsey Wright Momentum Plus Value Index (NASDAQ:DWAMV)
Sidelines Mode (+55) - DWAMV 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 DWAMV?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWAMV.
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 DWAMV
The long-term trend has been UP since Aug 29th, 2024 at 1620.88
The intermediate-term trend has been UP since Sep 19th, 2024 at 1630.15
The short-term trend has been DOWN since Oct 21st, 2024 at 1674.11
Smart Scan Analysis for DWAMV
Based on our trend formula, DWAMV is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1648.22 | 1648.22 | 1648.22 | 1648.22 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1670.98 | 0 | 2024-10-22 23:38:00 |