Today DWAT ranks # as BUY CANDIDATE.
Today DWAT ranks # as BUY CANDIDATE.

DWAT stock Arrow DWA Tactical ETF

DWAT stock
Arrow DWA Tactical ETF

April 24, 2019
Change 0.53%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will DWAT stock price go up or down on Fri, 26 Apr 2019?

Arrow DWA Tactical ETF Forecast and Stock Analysis

Technical DWAT stock analysis for April 24, 2019.

Buy candidate since 2019-03-27 Gain 3.28%
Shorts n/a
Cash n/a
Loans n/a
Beta 0.79
ROA 6.70

Arrow DWA Tactical ETF gained 0.53% in the last trading day, rising from $11.01 to $11.07 The price has been going up and down for this period, and there has been a 1.14% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 1 179 more shares were traded than the day before. In total, 1 179 shares bought and sold for approximately $13 054.00.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the DWAT stock was $11.07. This is 0.53% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 0.56% from a day low at $11.01 to a day high of $11.07.

30 day high of the DWAT stock price was $11.07 and low was $10.69.
90 day high was $11.07 and low was $10.19.
52 week high for the Arrow DWA Tactical ETF - $12.84 and low - $9.71.

Trend

Arrow DWA Tactical ETF lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.44% during the next 3 months and, with 90% probability hold a price between $11.81 and $12.14 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. Arrow DWA Tactical ETF holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $11.02 and $10.86. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday March 25, 2019, which indicates further gains until a new top pivot has been found. Arrow DWA Tactical ETF has rising volume and follows the last lift in the price. This considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.

The stock had a Golden Star Signal* on Tuesday January 29, 2019 for the short-term and also have Golden Star Signal for the medium-term dated Monday March 11, 2019.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

The stock holds a RSI14 at 82 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

Arrow DWA Tactical ETF finds support from accumulated volume at $10.95.

Support: $10.95 Price: $11.07

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.06 (0.56%) between high and low. For the last week, the stock has had a daily average volatility of 0.11%.

Our recommended stoploss: $10.47 (-5.41%) (This stock has low daily movements and this gives low risk. The RSI14 is 82 and this increases the risk substantially. There is a buy signal from pivot bottom found 21 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Strong Buy Candidate

Arrow DWA Tactical ETF holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.

Today DWAT ranks # as BUY CANDIDATE.
Today DWAT ranks # as BUY CANDIDATE.