Mutual Trend Analysis Report
Prepared for you on Sunday, July 12, 2020.
AB TRUST - AB DISCOVERY VALUE FUND - CLASS R (NASDAQ:ABSRX)
Bear Market Rally (-75) - ABSRX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ABSRX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ABSRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABSRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABSRX
The long-term trend has been DOWN since Feb 24th, 2020 at 18.35
The intermediate-term trend has been DOWN since Jun 26th, 2020 at 14.30
The short-term trend has been UP since Jul 10th, 2020 at 14.44
Smart Scan Analysis for ABSRX
Based on our trend formula, ABSRX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||19.7||52wk High Date||2019-11-27|
|52wk Low||10.24||52wk Low Date||2020-03-18|
|Year End Close||19.24||Payment Date||2019-12-16|