Index Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
Dorsey Wright Technology Tech Leaders TR (NASDAQ:DWTYTR)
Crossroads (-60) - DWTYTR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DWTYTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWTYTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWTYTR
The long-term trend has been UP since May 26th, 2020 at 2598.12
The intermediate-term trend has been DOWN since May 4th, 2021 at 3938.99
The short-term trend has been DOWN since Apr 29th, 2021 at 4359.66
Smart Scan Analysis for DWTYTR
Based on our trend formula, DWTYTR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).