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Mutual Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
BALANCED ALLOCATION INDEX FUND (NASDAQ:FRYBX)
Long-Term Uptrend (+90) - FRYBX is in a strong uptrend that is likely to continue. While FRYBX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FRYBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRYBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FRYBX
The long-term trend has been UP since Dec 1st, 2023 at 9.34
The intermediate-term trend has been UP since May 6th, 2024 at 9.82
The short-term trend has been UP since Apr 22nd, 2024 at 9.64
Smart Scan Analysis for FRYBX
Based on our trend formula, FRYBX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.04 | 10.04 | 10.04 | 10.02 | -0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.02 | 0 | 10.02 | 10.02 | 2024-05-16 20:00:00 |
| 52wk High | 10.04 | 52wk High Date | 2024-05-15 |
| 52wk Low | 8.71 | 52wk Low Date | 2023-10-27 |
| Year End Close | 9.62 | Payment Date | 2024-04-08 |