DWAW Stock Summary and Trading Ideas (Advisorshares Dorsey Wright Fsm All Cap World ETF | :DWAW)

The AdvisorShares Dorsey Wright FSM All Cap World ETF (Ticker: DWAW) is an actively managed global rotation strategy using a technical and systematically-driven investment process to invest in domestic and foreign equity asset classes across any market cap, including emerging markets, within the tax-efficient structure of an ETF. The Fund is an actively managed exchange-traded fund ( ETF ) that is primarily a fund of funds. The Advisor seeks to achieve the Fund s investment objective by investing in ETFs that invest primarily in domestic large capitalization equity securities. During periods in which the Advisor believes the market indicates broad equity weakness and cash strength, the Fund invests in fixed income ETFs with a short or ultra-short duration, money market funds, cash and cash equivalents ( Defensive Investments ).

Advisorshares Dorsey Wright Fsm All Cap World ETF trades on the stock market under the symbol DWAW.

As of April 26, 2024, DWAW stock price climbed to $35.71 with 1,007 million shares trading.

DWAW has a market cap of $73.74 million. This is considered a Micro Cap stock.

In the last 3 years, DWAW stock traded as high as $40.05 and as low as $27.81.

DWAW has underperformed the market in the last year with a price return of +19.0% while the SPY ETF gained +26.8%. DWAW has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.1% and -3.8%, respectively, while the SPY returned +4.5% and -1.9%, respectively.

DWAW support price is $34.85 and resistance is $35.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DWAW stock will trade within this expected range on the day.