Mutual Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
COLUMBIA FLOATING RATE FUND CLASS R (NASDAQ:CFRRX)
Bull Market Weakness (+75) - CFRRX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CFRRX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CFRRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CFRRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CFRRX
The long-term trend has been DOWN since Feb 27th, 2020 at 8.83
The intermediate-term trend has been UP since Apr 13th, 2020 at 7.81
The short-term trend has been UP since May 7th, 2020 at 7.82
Smart Scan Analysis for CFRRX
Based on our trend formula, CFRRX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.99||52wk High Date||2020-01-14|
|52wk Low||6.99||52wk Low Date||2020-03-23|
|Year End Close||8.94|