Mutual Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
FEDERATED HERMES FLOATING RATE STRATEGIC INCOME FUND CLASS A (NASDAQ:FRSAX)
Long-Term Uptrend (+90) - FRSAX is in a strong uptrend that is likely to continue. While FRSAX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FRSAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRSAX.
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 FRSAX
The long-term trend has been UP since Sep 5th, 2023 at 8.66
The intermediate-term trend has been UP since Feb 16th, 2024 at 8.67
The short-term trend has been UP since Feb 7th, 2024 at 8.66
Smart Scan Analysis for FRSAX
Based on our trend formula, FRSAX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
8.70 | 8.70 | 8.70 | 8.70 | 0.00 |
Prev. Close | Volume | Bid | Ask | Time |
8.70 | 0 | 8.70 | 8.79 | 2024-03-25 18:05:01 |
52wk High | 8.8 | 52wk High Date | 2023-09-21 |
52wk Low | 8.56 | 52wk Low Date | 2023-06-05 |
Year End Close | 8.69 | Payment Date | 2014-12-05 |