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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.

NASDAQ_LRRTX
Open High Low LRRTX Price Change
8.20 8.20 8.20 8.19 -0.01
Entry Signal

MarketClub’s Trade Triangles for LRRTX

long term up The long-term trend has been UP since Dec 22nd, 2023 at 8.14

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2024 at 8.16

short term up 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).

+90
Smart Scan Analysis for LRRTX
Strong Downtrend Sideways 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 High8.252wk High Date2024-03-21
52wk Low7.952wk Low Date2023-06-01
Year End Close8.15Payment Date2023-03-07
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