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Mutual Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
BNY MELLON FLOATING RATE INCOME FUND CLASS A (NASDAQ:DFLAX)
Bull Market Weakness (+75) - DFLAX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DFLAX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DFLAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DFLAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DFLAX
The long-term trend has been UP since Dec 14th, 2023 at 11.10
The intermediate-term trend has been UP since Feb 27th, 2024 at 11.16
The short-term trend has been UP since Mar 6th, 2024 at 11.12
Smart Scan Analysis for DFLAX
Based on our trend formula, DFLAX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.13 | 11.13 | 11.13 | 11.13 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.14 | 0 | 11.14 | 11.42 | 2024-04-12 20:00:00 |
| 52wk High | 11.48 | 52wk High Date | 2024-03-28 |
| 52wk Low | 10.74 | 52wk Low Date | 2023-06-01 |
| Year End Close | 11.09 | Payment Date | 2023-09-05 |