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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Simplify Exchange Traded Funds Simplify High Yield PLUS Credit Hedge ETF (PACF:CDX)

Bull Market Weakness (+75) - CDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CDX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CDX?

MarketClub looks at technical strength and momentum to determine if the timing is right for CDX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_CDX
Open High Low CDX Price Change
23.00 23.01 22.92 23.00 0.00
Entry Signal

MarketClub’s Trade Triangles for CDX

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 22.61

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 22.97

short term up The short-term trend has been UP since May 2nd, 2024 at 22.89

Smart Scan Analysis for CDX

Based on our trend formula, CDX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.00 23.01 22.92 23.00 0.00
Prev. Close Volume Bid Ask Time
23.01 22821 2024-05-08 15:48:23
52wk High24.539352wk High Date2023-11-21
52wk Low21.3252wk Low Date2023-07-10
Average Volume12,911
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