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Mutual Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Western Asset California Municipals Fund Class A (NASDAQ:SHRCX)

Long-Term Downtrend (-90) - SHRCX is in a strong downtrend that is likely to continue. While SHRCX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_SHRCX
Open High Low SHRCX Price Change
13.90 13.90 13.90 13.90 0.00
Entry Signal

MarketClub’s Trade Triangles for SHRCX

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 13.95

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2024 at 14.05

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 14.11

Smart Scan Analysis for SHRCX

Based on our trend formula, SHRCX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SHRCX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.90 13.90 13.90 13.90 0.00
Prev. Close Volume Bid Ask Time
13.91 0 13.90 14.44 2024-04-19 20:00:00
52wk High14.6852wk High Date2024-02-01
52wk Low13.0952wk Low Date2023-10-30
Year End Close14.11Yield3.0017
Payment Date2019-12-06
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