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Mutual Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

SHENKMAN CAPITAL SHORT DURATION HIGH INCOME FUND CLASS A (NASDAQ:SCFAX)

Countertrend Down (-85) - SCFAX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

NASDAQ_SCFAX
Open High Low SCFAX Price Change
9.78 9.78 9.78 9.76 -0.02
Entry Signal

MarketClub’s Trade Triangles for SCFAX

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 9.75

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 9.79

short term up The short-term trend has been UP since Apr 19th, 2024 at 9.74

Smart Scan Analysis for SCFAX

Based on our trend formula, SCFAX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SCFAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.78 9.78 9.78 9.76 -0.02
Prev. Close Volume Bid Ask Time
9.78 0 9.76 10.06 2024-04-25 17:05:44
52wk High9.8352wk High Date2023-12-27
52wk Low9.5252wk Low Date2023-10-04
Year End Close9.79Payment Date2023-08-31
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