Stock Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
Purpose Floating Rate Income Fund Non-hedged Cad Units (TSE:FLOT.B)
Countertrend Up (+85) - FLOT.B 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 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 Jan 12th, 2021 at 8.5
The intermediate-term trend has been UP since Apr 9th, 2020 at 7.8
The short-term trend has been UP since Jun 9th, 2020 at 8.1
Smart Scan Analysis for FLOT.B
Based on our trend formula, FLOT.B is rated as a +80 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|