Stock Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Highland/iBoxx Senior Loan ETF (NASDAQ:SNLN)
Sidelines Mode (+55) - SNLN 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 SNLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SNLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SNLN
The long-term trend has been UP since Jan 7th, 2021 at 16.10
The intermediate-term trend has been UP since Feb 12th, 2021 at 16.20
The short-term trend has been DOWN since Feb 24th, 2021 at 16.12
Smart Scan Analysis for SNLN
Based on our trend formula, SNLN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||18.41||Year High Date||2018-02-02|
|Year Low||17.7204||Year Low Date||2018-11-29|
|52wk High||17.2||52wk High Date||2020-02-27|
|52wk Low||13.8804||52wk Low Date||2020-03-24|
|Average Volume||22,084||Shares Outstanding||21,200|