Mutual Trend Analysis Report
Prepared for you on Saturday, September 25, 2021.
ABSOLUTE CONVERTIBLE ARBITRAGE FUND - INSTITUTIONAL CLASS (NASDAQ:ARBIX)
Countertrend Up (+85) - ARBIX 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 ARBIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARBIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARBIX
The long-term trend has been UP since Aug 5th, 2021 at 11.37
The intermediate-term trend has been UP since Aug 5th, 2021 at 11.37
The short-term trend has been DOWN since Sep 20th, 2021 at 11.42
Smart Scan Analysis for ARBIX
Based on our trend formula, ARBIX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.46||52wk High Date||2020-12-10|
|52wk Low||11.14||52wk Low Date||2020-12-14|
|Year End Close||11.2||Payment Date||2020-07-01|