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Mutual Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

WESTERN ASSET CORPORATE BOND FUND CLASS A (NASDAQ:SIGAX)

Countertrend Down (-85) - SIGAX 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 SIGAX?

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

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

NASDAQ_SIGAX
Open High Low SIGAX Price Change
10.33 10.33 10.33 10.29 -0.04
Entry Signal

MarketClub’s Trade Triangles for SIGAX

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 10.48

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 10.55

short term up The short-term trend has been UP since Apr 23rd, 2024 at 10.34

Smart Scan Analysis for SIGAX

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

-85
Smart Scan Analysis for SIGAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.33 10.33 10.33 10.29 -0.04
Prev. Close Volume Bid Ask Time
10.33 0 10.29 10.69 2024-04-25 18:25:00
52wk High11.2552wk High Date2023-12-27
52wk Low9.7452wk Low Date2023-10-19
Year End Close10.78Yield4.9831
Payment Date2019-12-06
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