INVESCO DORSEY WRIGHT SMALLC (DWAS) Stock Technical Analysis
NASDAQ:DWAS - Nasdaq - US46138E8425 - ETF - Currency: USD
Taking everything into account, DWAS scores 4 out of 10 in our technical rating. In the last year, DWAS was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Warning: DWAS has an average volume of 26594 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, DWAS outperforms 46% of them, which is more or less in line with the market.
DWAS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DWAS is lagging the market.
In the last month DWAS has a been trading in a tight range between 81.43 and 86.05.
DWAS has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
68.05
86.89
2 important support areas can be observed.
- A support zone ranging from 81.83 to 84.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @68.74 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 84.87 to 86.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for DWAS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DWAS is neutral. |
| ChartMill Relative Strength | 46.56 | NEUTRAL | DWAS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DWAS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DWAS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DWAS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.71 | NEUTRAL | The RSI value for DWAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests DWAS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.8 | NEUTRAL | The Stochastics value for DWAS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for DWAS suggests low volalility. |
| Average Directional Index/ADX (14) | 11.04 | NEGATIVE | The low ADX value for DWAS suggests a weak or negative trend. |
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)
NASDAQ:DWAS (8/4/2025, 8:00:01 PM)
84.8574
+2.04 (+2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.47%
1 Week-0.33%
2 Weeks0.35%
1 Month-0.6%
3 Month6.82%
6 Month-8.78%
12 Month-1.33%
2 Year5.65%
3 Year11.23%
5 Year42.86%
10 Year113.8%
15 YearN/A
Volatility
ATR(14)1.37
ATR(20)%1.55%
ATR Inc111.34%
Range Today1.58
ADR(20)1.18
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.56
Mansfield-1.03
10 Day High85.75
10 Day Low81.43
20 Day High86.05
20 Day Low81.43
52 Week High104.46
52 Week Low66.94
CS1 End84.64
CR1 Start84.87
Volume & EV
DER(3)-2.9%
DER(5)-4.37%
Volume14.00K
Volume Incr-19.7%
Vol(5)23.42K
Vol(50)26.59K