Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Virtus Newfleet Multi-Sector Bond ETF (PACF:NFLT)

Sidelines Mode (-55) - NFLT 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 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.

PACF_NFLT
Open High Low NFLT Price Change
22.52 22.52 22.39 22.41 -0.08
Entry Signal

MarketClub’s Trade Triangles for NFLT

long term up The long-term trend has been UP since Dec 5th, 2023 at 22.0032

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2024 at 22.2001

short term up The short-term trend has been UP since Mar 27th, 2024 at 22.4900

Smart Scan Analysis for NFLT

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

-55
Smart Scan Analysis for NFLT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.52 22.52 22.39 22.41 -0.08
Prev. Close Volume Bid Ask Time
22.43 48915 2024-03-28 15:56:27
Year High25.33Year High Date2018-01-08
Year Low23.46Year Low Date2018-11-28
52wk High22.7352wk High Date2023-12-14
52wk Low21.0552wk Low Date2023-10-23
Average Volume52,581Volatility3.41
Get a free daily analysis and signals for Virtus Newfleet Multi-Sector Bond ETF (NFLT) - Request Your Free Report.