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Stock Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (PACF:CEFD)
Bear Market Rally (-75) - CEFD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CEFD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CEFD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CEFD.
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 CEFD
The long-term trend has been DOWN since Nov 23rd, 2021 at 31.8600
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 26.8372
The short-term trend has been UP since May 11th, 2022 at 24.6000
Smart Scan Analysis for CEFD
Based on our trend formula, CEFD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.5000 | 23.1238 | 23.0800 | 23.1238 | +0.3138 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.1208 | 620 | 2022-05-23 15:24:28 |
| 52wk High | 33.41 | 52wk High Date | 2021-09-02 |
| 52wk Low | 22.46 | 52wk Low Date | 2022-05-12 |
| Average Volume | 4,491 |