Mutual Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
BLACKROCK FLOATING RATE INCOME PORTFOLIO - CLASS K (NASDAQ:BFRKX)
Strong Downtrend (-100) - BFRKX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BFRKX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BFRKX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BFRKX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BFRKX
The long-term trend has been DOWN since Feb 14th, 2022 at 9.89
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 9.81
The short-term trend has been DOWN since May 18th, 2022 at 9.52
Smart Scan Analysis for BFRKX
Based on our trend formula, BFRKX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.97||52wk High Date||2022-01-20|
|52wk Low||9.46||52wk Low Date||2022-05-23|
|Year End Close||9.93|