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INVESCO DORSEY WRIGHT SMALLC (DWAS) Stock Technical Analysis

USA - Nasdaq - NASDAQ:DWAS - US46138E8425 - ETF

101.943 USD
-2.3 (-2.21%)
Last: 1/23/2026, 8:00:02 PM
Technical Rating and Analysis

8

Overall DWAS gets a technical rating of 8 out of 10. Although DWAS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

  • The long and short term trends are both positive. This is looking good!
  • DWAS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
  • In the last month DWAS has a been trading in the 95.29 - 104.88 range, which is quite wide. It is currently trading near the high of this range.
  • When compared to the yearly performance of all other stocks, DWAS outperforms 63% of them, which is more or less in line with the market.
  • Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
INVESCO DORSEY WRIGHT SMALLC / DWAS Weekly stock chart
INVESCO DORSEY WRIGHT SMALLC / DWAS Daily stock chart
Setup Rating and Analysis

3

Although DWAS has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

87.78

105.28

5 important support areas can be observed.

  • A support zone ranging from 97.44 to 100.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @95.79 from a horizontal line in the daily time frame.
  • Support @93.45 from a trend line in the daily time frame.
  • A support zone ranging from 90.93 to 91.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @88.67 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @101.95 from a horizontal line in the weekly time frame.
  • Resistance @104.24 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for DWAS is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for DWAS is up.
ChartMill Relative Strength63.88NEUTRALDWAS is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of DWAS is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of DWAS is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of DWAS is above the rising SMA(200).
Relative Strength Index/RSI (14)58.38NEUTRALThe RSI value for DWAS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.24POSITIVEThe MACD value suggests DWAS has a positive trend, although the MACD value is declining.
Stochastics (14,3)85.55OVERBOUGHTThe high Stochastics value suggests DWAS may be overbought.
Average True Range in percent/ATR (20)1.38LOW VOLATILITYThe low ATR as a percentage value for DWAS suggests low volalility.
Average Directional Index/ADX (14)12.8NEGATIVEThe low ADX value for DWAS suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
INVESCO DORSEY WRIGHT SMALLC / DWAS Daily stock chart

INVESCO DORSEY WRIGHT SMALLC

NASDAQ:DWAS (1/23/2026, 8:00:02 PM)

101.943

-2.3 (-2.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.21%
1 Week-0.23%
2 Weeks2.78%
1 Month2.56%
3 Month6.89%
6 Month19.57%
12 Month7.67%
2 Year22.76%
3 Year32.08%
5 Year26.65%
10 Year205.68%
15 YearN/A
Volatility
ATR(14)1.55
ATR(20)%1.38%
ATR Inc49.79%
Range Today2.23
ADR(20)1.24
ADR(20)%1.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.88
3 months CRS75.26
6 months CRS81.09
Mansfield0.54
10 Day High104.88
10 Day Low98.75
20 Day High104.88
20 Day Low95.29
52 Week High104.88
52 Week Low66.94
CS1 End100.02
CR1 Start101.95
Volume & EV
DER(3)-1.62%
DER(5)-1.68%
Volume312.40K
Volume Incr2429.65%
Vol(5)571.70K
Vol(50)78.06K

INVESCO DORSEY WRIGHT SMALLC / DWAS FAQ

What is the technical rating for DWAS stock?

ChartMill assigns a technical rating of 8 / 10 to DWAS.


Can you provide the trend direction for INVESCO DORSEY WRIGHT SMALLC?

The current trend direction for INVESCO DORSEY WRIGHT SMALLC (DWAS) is Bullish.


What is the RSI signal for DWAS stock?

INVESCO DORSEY WRIGHT SMALLC (DWAS) has an RSI value of 58.3829. This indicates that the stock is currently neutral.


Can you provide the buy/sell signal for INVESCO DORSEY WRIGHT SMALLC?

The buy/sell signal for INVESCO DORSEY WRIGHT SMALLC (DWAS) is buy as both the short term and long term trends are positive.


Can you provide the support and resistance levels for INVESCO DORSEY WRIGHT SMALLC?

INVESCO DORSEY WRIGHT SMALLC (DWAS) has a support level at 100.02 and a resistance level at 101.95. Check the full technical report for our detailed analysis of DWAS support and resistance levels.