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Stock Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

SPDR Bloomberg High Yield Bond ETF (PACF:JNK)

Long-Term Downtrend (-90) - JNK is in a strong downtrend that is likely to continue. While JNK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid JNK?

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

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PACF_JNK
Open High Low JNK Price Change
90.040 90.530 89.860 90.485 +0.415
Entry Signal

MarketClub’s Trade Triangles for JNK

long term down The long-term trend has been DOWN since Sep 26th, 2023 at 90.235

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 91.075

short term down The short-term trend has been DOWN since Sep 18th, 2023 at 91.540

Smart Scan Analysis for JNK

Based on our trend formula, JNK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for JNK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
90.040 90.530 89.860 90.485 +0.415
Prev. Close Volume Bid Ask Time
90.070 8029165 2023-09-28 15:59:52
Year High37.05Year High Date2018-01-08
Year Low34.36Year Low Date2018-11-23
52wk High94.83552wk High Date2023-02-02
52wk Low86.281852wk Low Date2022-10-13
Year End Close40.71Average Volume7,634,903
Shares Outstanding79,673Assets128,067M
Beta-0.26000000Volatility5.36
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