Index Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Dorsey Wright Industrials Tech Leaders (NASDAQ:DWIDX)
Bull Market Weakness (+75) - DWIDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DWIDX as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for DWIDX
The long-term trend has been UP since Jun 1st, 2020 at 1452.00
The intermediate-term trend has been UP since Nov 9th, 2020 at 1728.32
The short-term trend has been DOWN since Nov 30th, 2020 at 1823.32
Smart Scan Analysis for DWIDX
Based on our trend formula, DWIDX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1399.29||52wk High Date||2018-09-14|
|52wk Low||1120.44||52wk Low Date||2018-10-29|