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Stock Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Virtus Newfleet Multi-Sector Bond ETF (PACF:NFLT)
Bull Market Weakness (+75) - NFLT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NFLT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NFLT?
MarketClub looks at technical strength and momentum to determine if the timing is right for NFLT.
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 NFLT
The long-term trend has been UP since Dec 5th, 2023 at 22.0032
The intermediate-term trend has been UP since Nov 3rd, 2023 at 21.5000
The short-term trend has been DOWN since Dec 11th, 2023 at 22.0000
Smart Scan Analysis for NFLT
Based on our trend formula, NFLT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.1600 | 22.1680 | 21.9710 | 21.9710 | -0.0845 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.0555 | 1543 | 2023-12-11 12:11:59 |
| Year High | 25.33 | Year High Date | 2018-01-08 |
| Year Low | 23.46 | Year Low Date | 2018-11-28 |
| 52wk High | 22.7 | 52wk High Date | 2023-02-02 |
| 52wk Low | 21.05 | 52wk Low Date | 2023-10-23 |
| Average Volume | 8,672 | Volatility | 3.41 |