Mutual Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
LORD ABBETT FLOATING RATE FUND CLASS R5 (NASDAQ:LRRTX)
Long-Term Uptrend (+90) - LRRTX is in a strong uptrend that is likely to continue. While LRRTX 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 LRRTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for LRRTX.
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 LRRTX
The long-term trend has been UP since Dec 22nd, 2023 at 8.14
The intermediate-term trend has been UP since Feb 23rd, 2024 at 8.16
The short-term trend has been UP since Feb 15th, 2024 at 8.15
Smart Scan Analysis for LRRTX
Based on our trend formula, LRRTX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
8.20 | 8.20 | 8.20 | 8.19 | -0.01 |
Prev. Close | Volume | Bid | Ask | Time |
8.19 | 0 | 8.19 | 8.19 | 2024-03-22 20:00:00 |
52wk High | 8.2 | 52wk High Date | 2024-03-21 |
52wk Low | 7.9 | 52wk Low Date | 2023-06-01 |
Year End Close | 8.15 | Payment Date | 2023-03-07 |