Mutual Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
ABSOLUTE CONVERTIBLE ARBITRAGE FUND - INSTITUTIONAL CLASS (NASDAQ:ARBIX)
Long-Term Downtrend (-90) - ARBIX is in a strong downtrend that is likely to continue. While ARBIX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Dec 14th, 2021 at 11.39
The intermediate-term trend has been DOWN since Jun 16th, 2022 at 10.82
The short-term trend has been DOWN since Jun 10th, 2022 at 10.92
Smart Scan Analysis for ARBIX
Based on our trend formula, ARBIX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.57||52wk High Date||2021-11-12|
|52wk Low||10.79||52wk Low Date||2022-06-17|
|Year End Close||11.18||Payment Date||2020-01-02|