Mutual Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
ABSOLUTE STRATEGIES INSTI SHARES (NASDAQ:ASFIX)
Countertrend Down (-85) - ASFIX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ASFIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ASFIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ASFIX
The long-term trend has been DOWN since Jan 22nd, 2021 at 8.12
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 7.13
The short-term trend has been UP since Dec 3rd, 2021 at 6.93
Smart Scan Analysis for ASFIX
Based on our trend formula, ASFIX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.25||52wk High Date||2021-01-29|
|52wk Low||6.87||52wk Low Date||2021-12-07|
|Year End Close||8.15||Payment Date||2021-07-01|