Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Dorsey Wright Momentum Plus Dividend Yld NTR Index (NASDAQ:DWAMYN)
Countertrend Up (+85) - DWAMYN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DWAMYN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWAMYN.
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 DWAMYN
The long-term trend has been UP since Dec 1st, 2023 at 1345.54
The intermediate-term trend has been UP since Sep 17th, 2024 at 1718.50
The short-term trend has been DOWN since Oct 22nd, 2024 at 1795.48
Smart Scan Analysis for DWAMYN
Based on our trend formula, DWAMYN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1794.88 | 1794.88 | 1794.88 | 1794.88 | +0.93 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1797.69 | 0 | 2024-10-22 23:38:00 |