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Mutual Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

PGIM FLOATING RATE INCOME FUND CLASS Z (NASDAQ:FRFZX)

Long-Term Downtrend (-90) - FRFZX is in a strong downtrend that is likely to continue. While FRFZX 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 FRFZX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FRFZX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FRFZX
Open High Low FRFZX Price Change
9.08 9.08 9.08 9.09 0.00
Entry Signal

MarketClub’s Trade Triangles for FRFZX

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 9.10

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 9.15

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 9.15

Smart Scan Analysis for FRFZX

Based on our trend formula, FRFZX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FRFZX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.08 9.08 9.08 9.09 0.00
Prev. Close Volume Bid Ask Time
9.08 0 9.08 9.08 2024-04-23 20:00:00
52wk High9.1652wk High Date2024-04-08
52wk Low8.8252wk Low Date2023-05-18
Year End Close9.12Yield10.4351
Payment Date2019-11-29
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