Mutual Trend Analysis Report
Prepared for you on Thursday, October 22, 2020.
COLUMBIA FLOATING RATE FUND CLASS I2 (NASDAQ:RFRFX)
Countertrend Up (+85) - RFRFX 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 RFRFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RFRFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RFRFX
The long-term trend has been UP since Sep 14th, 2020 at 34.04
The intermediate-term trend has been UP since Sep 9th, 2020 at 8.51
The short-term trend has been DOWN since Oct 15th, 2020 at 34.12
Smart Scan Analysis for RFRFX
Based on our trend formula, RFRFX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||34.24||52wk High Date||2020-09-16|
|52wk Low||7.01||52wk Low Date||2020-03-23|
|Year End Close||8.97|