Mutual Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
AC ALTERNATIVES INCOME FUND - R CLASS (NASDAQ:ALNRX)
Sidelines Mode (-55) - ALNRX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ALNRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALNRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALNRX
The long-term trend has been DOWN since Feb 25th, 2020 at 9.54
The intermediate-term trend has been DOWN since Jul 10th, 2020 at 8.02
The short-term trend has been UP since Jul 17th, 2020 at 7.94
Smart Scan Analysis for ALNRX
Based on our trend formula, ALNRX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.67||52wk High Date||2019-12-19|
|52wk Low||7.18||52wk Low Date||2020-03-25|
|Year End Close||9.58||Payment Date||2020-03-10|