Index Trend Analysis Report
Prepared for you on Friday, September 24, 2021.
Dorsey Wright Momentum Plus Dividend Yield Index (NASDAQ:DWAMY)
Weak Downtrend (-65) - DWAMY is showing signs of a strengthening downtrend. Monitor DWAMY as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DWAMY?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWAMY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWAMY
The long-term trend has been DOWN since Jul 19th, 2021 at 1175.47
The intermediate-term trend has been DOWN since Aug 19th, 2021 at 1214.66
The short-term trend has been UP since Sep 23rd, 2021 at 1248.88
Smart Scan Analysis for DWAMY
Based on our trend formula, DWAMY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).