Index Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Dorsey Wright Developed Markets Tech Leaders TR (NASDAQ:DWATRDM)
Long-Term Downtrend (-90) - DWATRDM is in a strong downtrend that is likely to continue. While DWATRDM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DWATRDM?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWATRDM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWATRDM
The long-term trend has been DOWN since Sep 25th, 2023 at 182.98
The intermediate-term trend has been DOWN since Aug 7th, 2023 at 194.39
The short-term trend has been DOWN since Sep 19th, 2023 at 187.47
Smart Scan Analysis for DWATRDM
Based on our trend formula, DWATRDM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).