Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

WESTERN ASSET NEW JERSEY MUNICIPALS FUND CLASS A (NASDAQ:SHNJX)

Sidelines Mode (+55) - SHNJX 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 SHNJX?

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

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

NASDAQ_SHNJX
Open High Low SHNJX Price Change
11.59 11.59 11.59 11.59 0.00
Entry Signal

MarketClub’s Trade Triangles for SHNJX

long term up The long-term trend has been UP since Dec 1st, 2023 at 11.40

intermediate term up The intermediate-term trend has been UP since Feb 1st, 2024 at 11.62

short term down The short-term trend has been DOWN since Mar 26th, 2024 at 11.60

Smart Scan Analysis for SHNJX

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

+55
Smart Scan Analysis for SHNJX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.59 11.59 11.59 11.59 0.00
Prev. Close Volume Bid Ask Time
11.59 0 11.59 12.04 2024-03-27 20:00:00
52wk High12.152wk High Date2024-03-11
52wk Low10.7752wk Low Date2023-10-30
Year End Close11.63Yield3.0825
Payment Date2017-12-07
Get a free daily analysis and signals for WESTERN ASSET NEW JERSEY MUNICIPALS FUND CLASS A (SHNJX) - Request Your Free Report.