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Mutual Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Federated Hermes Opportunistic High Yield Bond Fund R6 Shares (NASDAQ:FHYLX)
Long-Term Downtrend (-90) - FHYLX is in a strong downtrend that is likely to continue. While FHYLX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FHYLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FHYLX.
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 FHYLX
The long-term trend has been DOWN since Apr 15th, 2024 at 6.20
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 6.25
The short-term trend has been DOWN since Apr 10th, 2024 at 6.26
Smart Scan Analysis for FHYLX
Based on our trend formula, FHYLX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.17 | 6.17 | 6.17 | 6.17 | -0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.15 | 0 | 6.15 | 6.15 | 2024-04-16 20:00:00 |
| 52wk High | 6.3 | 52wk High Date | 2024-03-28 |
| 52wk Low | 5.82 | 52wk Low Date | 2023-10-30 |
| Year End Close | 6.28 | Payment Date | 2019-12-10 |