Mutual Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
LORD ABBETT CORPORATE BOND FUND - CL F3 (NASDAQ:LBCOX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for LBCOX
The long term trend has been DOWN since Jan 18th, 2018 at 10.04
The intermediate term trend has been DOWN since Sep 4th, 2018 at 9.62
The short term trend has been UP since Sep 10th, 2018 at 9.57
Smart Scan Analysis for LBCOX
Based on a pre-defined weighted trend formula for chart analysis, LBCOX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.14||52wk High Date||2017-12-14|
|52wk Low||9.53||52wk Low Date||2018-09-19|
|Year End Close||10.11||Payment Date||2017-12-15|