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Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Dorsey Wright Momentum Plus Dividend Yield Index (NASDAQ:DWAMY)
Crossroads (-60) - DWAMY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for DWAMY
The long-term trend has been UP since Dec 1st, 2023 at 1157.48
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1293.62
The short-term trend has been DOWN since Apr 4th, 2024 at 1330.38
Smart Scan Analysis for DWAMY
Based on our trend formula, DWAMY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1271.48 | 1284.45 | 1271.35 | 1280.20 | +8.72 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1280.20 | 0 | 2024-04-19 17:12:00 |