Mutual Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
FEDERATED HERMES CAPITAL INCOME FUND R CLASS (NASDAQ:CAPRX)
Long-Term Downtrend (-90) - CAPRX is in a strong downtrend that is likely to continue. While CAPRX 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 CAPRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CAPRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CAPRX
The long-term trend has been DOWN since Mar 1st, 2023 at 7.64
The intermediate-term trend has been DOWN since Apr 24th, 2023 at 7.77
The short-term trend has been DOWN since May 15th, 2023 at 7.73
Smart Scan Analysis for CAPRX
Based on our trend formula, CAPRX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.31||52wk High Date||2022-05-27|
|52wk Low||7.31||52wk Low Date||2022-10-14|
|Year End Close||7.65||Payment Date||2022-08-25|