Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CDX
The long-term trend has been DOWN since Jul 10th, 2024 at 22.57
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 23.63
The short-term trend has been UP since Nov 19th, 2024 at 23.50
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.5400 | 23.5400 | 23.3954 | 23.4500 | +0.0835 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.4800 | 22365 | 2024-11-19 15:48:00 |
| 52wk High | 25.59 | 52wk High Date | 2024-06-24 |
| 52wk Low | 21.34 | 52wk Low Date | 2024-07-10 |
| Average Volume | 18,473 |