Mutual Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
DESTRA INTERNATIONAL & EVENT-DRIVEN CREDIT FUND CLASS A (NASDAQ:CEDAX)
Strong Uptrend (+100) - CEDAX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CEDAX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CEDAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CEDAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CEDAX
The long-term trend has been UP since Jul 20th, 2020 at 23.17
The intermediate-term trend has been UP since Mar 11th, 2021 at 27.04
The short-term trend has been UP since Apr 7th, 2021 at 27.02
Smart Scan Analysis for CEDAX
Based on our trend formula, CEDAX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||27.18||52wk High Date||2021-03-24|
|52wk Low||21.59||52wk Low Date||2020-05-15|
|Year End Close||26.42||Payment Date||2020-06-30|