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Mutual Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

BLACKROCK GLOBAL EQUITY ABSOLUTE RETURN FUND - INSTITUTIONAL (NASDAQ:BABSX)

Countertrend Up (+85) - BABSX 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 BABSX?

MarketClub looks at technical strength and momentum to determine if the timing is right for BABSX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BABSX
Open High Low BABSX Price Change
8.84 8.84 8.84 8.86 +0.02
Entry Signal

MarketClub’s Trade Triangles for BABSX

long term up The long-term trend has been UP since Nov 30th, 2023 at 8.61

intermediate term up The intermediate-term trend has been UP since Dec 26th, 2023 at 8.55

short term down The short-term trend has been DOWN since Mar 25th, 2024 at 8.86

Smart Scan Analysis for BABSX

Based on our trend formula, BABSX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for BABSX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.84 8.84 8.84 8.86 +0.02
Prev. Close Volume Bid Ask Time
8.84 0 8.86 8.86 2024-03-28 18:06:14
52wk High8.952wk High Date2024-03-22
52wk Low8.0252wk Low Date2023-04-12
Year End Close8.59Payment Date2023-12-11
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