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Mutual Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

ANGEL OAK STRATEGIC CREDIT FUND - INSTITUTIONAL CLASS (NASDAQ:ASCIX)

Sidelines Mode (-55) - ASCIX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_ASCIX
Open High Low ASCIX Price Change
20.86 20.86 20.86 20.81 +0.01
Entry Signal

MarketClub’s Trade Triangles for ASCIX

long term up The long-term trend has been UP since Aug 4th, 2023 at 20.58

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 20.90

short term up The short-term trend has been UP since Apr 23rd, 2024 at 20.86

Smart Scan Analysis for ASCIX

Based on our trend formula, ASCIX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ASCIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.86 20.86 20.86 20.81 +0.01
Prev. Close Volume Bid Ask Time
20.85 0 20.87 2024-04-23 20:00:00
52wk High21.0252wk High Date2024-03-27
52wk Low20.3352wk Low Date2023-07-06
Year End Close20.68Yield7.3552
Payment Date2019-12-20
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