Mutual Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
ANGEL OAK STRATEGIC CREDIT FUND - INSTITUTIONAL CLASS (NASDAQ:ASCIX)
Strong Uptrend (+100) - ASCIX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ASCIX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ASCIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ASCIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ASCIX
The long-term trend has been UP since Jul 2nd, 2020 at 21.19
The intermediate-term trend has been UP since Apr 24th, 2020 at 19.16
The short-term trend has been UP since Jul 22nd, 2020 at 21.34
Smart Scan Analysis for ASCIX
Based on our trend formula, ASCIX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||24.79||52wk High Date||2020-02-07|
|52wk Low||18.25||52wk Low Date||2020-04-06|
|Year End Close||24.51||Yield||9.4748|