Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, September 15, 2024.
Dorsey Wright Momentum Plus Dividend Yield Index (NASDAQ:DWAMY)
Bull Market Weakness (+75) - DWAMY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DWAMY as it may be in the beginning stages of a reversal.
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 Aug 23rd, 2024 at 1413.66
The intermediate-term trend has been DOWN since Sep 10th, 2024 at 1374.34
The short-term trend has been UP since Sep 13th, 2024 at 1396.22
Smart Scan Analysis for DWAMY
Based on our trend formula, DWAMY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1394.23 | 1410.80 | 1394.23 | 1410.47 | +16.24 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1410.47 | 0 | 2024-09-13 17:09:00 |