Index Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
Dorsey Wright Momentum Plus Dividend Yld NTR Index (NASDAQ:DWAMYN)
Strong Downtrend (-100) - DWAMYN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DWAMYN continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for DWAMYN
The long-term trend has been DOWN since May 12th, 2022 at 1371.49
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1384.82
The short-term trend has been DOWN since Jun 30th, 2022 at 1306.59
Smart Scan Analysis for DWAMYN
Based on our trend formula, DWAMYN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).