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Stock Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
SPDR Portfolio Mortgage Backed Bond ETF (PACF:SPMB)
Long-Term Downtrend (-90) - SPMB is in a strong downtrend that is likely to continue. While SPMB 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 SPMB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPMB.
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 SPMB
The long-term trend has been DOWN since Mar 12th, 2020 at 26.0100
The intermediate-term trend has been DOWN since Nov 11th, 2021 at 25.4800
The short-term trend has been DOWN since Dec 6th, 2021 at 25.4014
Smart Scan Analysis for SPMB
Based on our trend formula, SPMB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.390 | 25.390 | 25.355 | 25.380 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.370 | 1344907 | 2021-12-08 15:59:56 |
| 52wk High | 26.49 | 52wk High Date | 2021-01-07 |
| 52wk Low | 25.34 | 52wk Low Date | 2021-11-24 |
| Average Volume | 975,808 | Shares Outstanding | 4,200 |