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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
VIRTUS NEWFLEET MULTI-SECTOR INTERMEDIATE BOND FUND R6 (NASDAQ:VMFRX)
Strong Downtrend (-100) - VMFRX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, VMFRX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid VMFRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for VMFRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for VMFRX
The long-term trend has been DOWN since Apr 11th, 2024 at 9.10
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 9.15
The short-term trend has been DOWN since Apr 1st, 2024 at 9.19
Smart Scan Analysis for VMFRX
Based on our trend formula, VMFRX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.05 | 9.05 | 9.05 | 9.03 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.05 | 0 | 9.06 | 9.06 | 2024-04-23 20:00:00 |
| 52wk High | 9.24 | 52wk High Date | 2023-12-27 |
| 52wk Low | 8.68 | 52wk Low Date | 2023-10-19 |
| Year End Close | 9.22 | Yield | 6.5693 |