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Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Dorsey Wright Industrials Tech Leaders (NASDAQ:DWIDX)
Sidelines Mode (-55) - DWIDX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DWIDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWIDX.
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 DWIDX
The long-term trend has been UP since Dec 1st, 2023 at 2312.57
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2878.30
The short-term trend has been UP since Apr 15th, 2024 at 2933.86
Smart Scan Analysis for DWIDX
Based on our trend formula, DWIDX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2865.09 | 2866.32 | 2796.80 | 2815.39 | -37.98 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2815.39 | 0 | 2024-04-17 17:15:00 |
| 52wk High | 1399.29 | 52wk High Date | 2018-09-14 |
| 52wk Low | 1120.44 | 52wk Low Date | 2018-10-29 |