Mutual Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
BLACKROCK U.S. GOVERNMENT BOND PORTFOLIO - CLASS R (NASDAQ:BGBRX)
Long-Term Downtrend (-90) - BGBRX is in a strong downtrend that is likely to continue. While BGBRX 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 BGBRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BGBRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BGBRX
The long-term trend has been DOWN since Oct 5th, 2020 at 11.12
The intermediate-term trend has been DOWN since Aug 13th, 2020 at 11.16
The short-term trend has been DOWN since Feb 12th, 2021 at 11.01
Smart Scan Analysis for BGBRX
Based on our trend formula, BGBRX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.22||52wk High Date||2020-08-04|
|52wk Low||10.69||52wk Low Date||2020-03-18|
|Year End Close||11.09|