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Mutual Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

PGIM ABSOLUTE RETURN BOND FUND CLASS A (NASDAQ:PADAX)

Sidelines Mode (-55) - PADAX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PADAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for PADAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_PADAX
Open High Low PADAX Price Change
9.07 9.07 9.07 9.07 0.00
Entry Signal

MarketClub’s Trade Triangles for PADAX

long term up The long-term trend has been UP since Jul 5th, 2023 at 8.85

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 9.07

short term up The short-term trend has been UP since Apr 22nd, 2024 at 9.06

Smart Scan Analysis for PADAX

Based on our trend formula, PADAX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PADAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.07 9.07 9.07 9.07 0.00
Prev. Close Volume Bid Ask Time
9.07 0 9.07 9.37 2024-04-25 18:45:00
52wk High9.452wk High Date2024-04-10
52wk Low8.7652wk Low Date2023-05-12
Year End Close8.96Yield5.3992
Payment Date2019-12-18
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