Arrow DWA Tactical ETF Technical Analysis (NASDAQ:DWAT)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical Charts or trading charts. The Arrow DWA Tactical ETF Price data and volume are plotted in DWAT Charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Arrow DWA Tactical ETF. Technical analysis uses an approach for Arrow DWA Tactical ETF Analysis that does not care for the fair value of a company but uses price and volume data only.
Arrow DWA Tactical ETF Moving Average
Moving averages show the average price of DWAT stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $11.61 is below the price of $11.76.
Arrow DWA Tactical ETF Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Arrow DWA Tactical ETF. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The Price is trading between the average and the upper band in the context of Arrow DWA Tactical ETF bollinger bands.
Arrow DWA Tactical ETF Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the Prices will go up. The Arrow DWA Tactical ETF MACD line is above the signal line.
Arrow DWA Tactical ETF Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of DWAT stock is 66.03.