Mutual Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
COLUMBIA FLOATING RATE FUND CLASS ADV (NASDAQ:CFLRX)
Sidelines Mode (-55) - CFLRX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CFLRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CFLRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CFLRX
The long-term trend has been DOWN since Mar 17th, 2023 at 32.74
The intermediate-term trend has been DOWN since May 3rd, 2023 at 32.93
The short-term trend has been UP since May 31st, 2023 at 32.73
Smart Scan Analysis for CFLRX
Based on our trend formula, CFLRX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||33.89||52wk High Date||2022-06-08|
|52wk Low||32.51||52wk Low Date||2022-07-06|
|Year End Close||32.74|