Mutual Trend Analysis Report
Prepared for you on Wednesday, October 21, 2020.
COLUMBIA TOTAL RETURN BOND FUND CLASS I2 (NASDAQ:CTBRX)
Crossroads (+60) - CTBRX 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 CTBRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CTBRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CTBRX
The long-term trend has been DOWN since Aug 14th, 2020 at 36.68
The intermediate-term trend has been UP since Sep 14th, 2020 at 9.89
The short-term trend has been UP since Oct 6th, 2020 at 39.33
Smart Scan Analysis for CTBRX
Based on our trend formula, CTBRX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||39.47||52wk High Date||2020-09-17|
|52wk Low||8.65||52wk Low Date||2020-03-25|
|Year End Close||9.2|