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Stock Trend Analysis Report

Prepared for you on Wednesday, June 12, 2024.

Simplify Exchange Traded Funds Simplify High Yield PLUS Credit Hedge ETF (PACF:CDX)

Sidelines Mode (-55) - CDX 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 CDX?

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

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

PACF_CDX
Open High Low CDX Price Change
22.830 23.080 23.020 23.058 +0.138
Entry Signal

MarketClub’s Trade Triangles for CDX

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 22.61

intermediate term down The intermediate-term trend has been DOWN since May 24th, 2024 at 22.66

short term up The short-term trend has been UP since Jun 12th, 2024 at 23.06

Smart Scan Analysis for CDX

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

-55
Smart Scan Analysis for CDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.830 23.080 23.020 23.058 +0.138
Prev. Close Volume Bid Ask Time
22.920 5311 2024-06-12 15:57:40
52wk High24.539352wk High Date2023-11-21
52wk Low21.3252wk Low Date2023-07-10
Average Volume120,339
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