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Stock Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Virtus Newfleet Multi-Sector Bond ETF (PACF:NFLT)
Crossroads (+60) - NFLT is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for NFLT
The long-term trend has been DOWN since Oct 6th, 2021 at 25.3249
The intermediate-term trend has been UP since Jul 22nd, 2022 at 22.3700
The short-term trend has been UP since Aug 10th, 2022 at 22.6500
Smart Scan Analysis for NFLT
Based on our trend formula, NFLT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.7500 | 22.7600 | 22.7552 | 22.7599 | -0.0051 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.7650 | 3962 | 2022-08-15 15:12:49 |
| Year High | 25.33 | Year High Date | 2018-01-08 |
| Year Low | 23.46 | Year Low Date | 2018-11-28 |
| 52wk High | 25.69 | 52wk High Date | 2021-08-31 |
| 52wk Low | 22 | 52wk Low Date | 2022-07-14 |
| Average Volume | 30,181 | Volatility | 3.41 |