We Analyzed AdvisorShares Dorsey Wright Micro-Cap ETF (NASDAQ:DWMC) – Here’s What We Found (2020-01-03)

REPORTING FOR 2020-01-03 | WCX19.ORG: We have done an in-depth analysis of how DWMC has been trading over the last 2 weeks and the past day especially. On its latest session, AdvisorShares Dorsey Wright Micro-Cap ETF (NASDAQ:DWMC) opened at 23.82, reaching a high of 23.82 and a low of 23.82 before closing at a price of 23.82. There was a total volume of 106.0.

VOLUME INDICATORS FOR ADVISORSHARES DORSEY WRIGHT MICRO-CAP ETF (NASDAQ:DWMC): We saw an accumulation-distribution index of 47.82, an on-balance volume of 23.945, chaikin money flow of 0.3328 and a force index of -0.0012. There was an ease of movement rating of 0.00154, a volume-price trend of 1.66254 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ADVISORSHARES DORSEY WRIGHT MICRO-CAP ETF (NASDAQ:DWMC): We noted an average true range of 0.16689, bolinger bands of 24.05928, an upper bollinger band of 23.70572, lower bollinger band of 23.82, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 23.82, high band keltner channel of 23.82, low band keltner channel of 23.82, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 23.82, a donchian channel low band of 23.82, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ADVISORSHARES DORSEY WRIGHT MICRO-CAP ETF (NASDAQ:DWMC): We calculated a Moving Average Convergence Divergence (MACD) of 0.0028, a MACD signal of 0.00156, a MACD difference of 0.00125, a fast Exponential Moving Average (EMA) indicator of 23.82, a slow Exponential Moving Average (EMA) indicator of 23.82, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.05645, a trix of 5.35097, a Mass Index (MI) of 2.44, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -1.55095, a KST Oscillator (KST) of 69.64608 and a KST Oscillator (KST Signal) of 69.64608 (leaving a KST difference of 1.40329). We also found an Ichimoku rating of 23.82, an Ichimoku B rating of 23.82, a Ichimoku visual trend A of 22.43613, an Ichimoku visual trend B of 22.67336, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR ADVISORSHARES DORSEY WRIGHT MICRO-CAP ETF (NASDAQ:DWMC): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 100.0, a stochastic oscillator of 50.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -50.0 and an awesome oscillator of 0.0223.

RETURNS FOR ADVISORSHARES DORSEY WRIGHT MICRO-CAP ETF (NASDAQ:DWMC): There was a daily return of 6.96461, a daily log return of 0.5234 and a cumulative return of 0.52477.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-03 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for AdvisorShares Dorsey Wright Micro-Cap ETF (NASDAQ:DWMC)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling AdvisorShares Dorsey Wright Micro-Cap ETF (NASDAQ:DWMC) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.