Mutual Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
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.
MarketClub’s Trade Triangles for FRFZX
The long-term trend has been DOWN since Nov 26th, 2021 at 9.66
The intermediate-term trend has been DOWN since Oct 20th, 2021 at 9.71
The short-term trend has been DOWN since Nov 16th, 2021 at 9.71
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).
|52wk High||9.72||52wk High Date||2021-09-17|
|52wk Low||9.37||52wk Low Date||2020-12-03|
|Year End Close||9.47||Yield||3.4247|