Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
SPDR Bloomberg Short Term High Yield Bond ETF (PACF:SJNK)
Countertrend Up (+85) - SJNK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SJNK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SJNK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SJNK
The long-term trend has been UP since Nov 29th, 2023 at 24.85
The intermediate-term trend has been UP since Nov 3rd, 2023 at 24.33
The short-term trend has been DOWN since Dec 1st, 2023 at 24.64
Smart Scan Analysis for SJNK
Based on our trend formula, SJNK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||27.83||Year High Date||2018-01-26|
|Year Low||26.58||Year Low Date||2018-11-20|
|52wk High||25.23||52wk High Date||2023-02-02|
|52wk Low||23.9||52wk Low Date||2023-10-23|
|Year End Close||30.55||Average Volume||6,015,399|