Stock Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Purpose Floating Rate Income Fund Non-hedged Cad Units (TSE:FLOT.B)
Crossroads (-60) - FLOT.B 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 FLOT.B?
MarketClub looks at technical strength and momentum to determine if the timing is right for FLOT.B.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FLOT.B
The long-term trend has been UP since Jul 8th, 2021 at 8.73
The intermediate-term trend has been DOWN since Oct 14th, 2021 at 8.85
The short-term trend has been DOWN since Oct 14th, 2021 at 8.85
Smart Scan Analysis for FLOT.B
Based on our trend formula, FLOT.B is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||10||Year High Date||2018-11-08|
|Year Low||9.85||Year Low Date||2018-08-29|
|52wk High||10||52wk High Date||2018-11-08|
|52wk Low||9.85||52wk Low Date||2018-08-29|
|Average Volume||125||Payment Date||2019-06-07|