Mutual Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 2055 DIVERSIFIED INCOME WAVE POR (NASDAQ:CFWAMX)
Countertrend Up (+85) - CFWAMX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CFWAMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CFWAMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CFWAMX
The long-term trend has been UP since Nov 10th, 2020 at 10.00
The intermediate-term trend has been UP since Nov 10th, 2020 at 9.76
The short-term trend has been DOWN since Apr 14th, 2021 at 11.62
Smart Scan Analysis for CFWAMX
Based on our trend formula, CFWAMX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.66||52wk High Date||2021-04-13|
|52wk Low||9.37||52wk Low Date||2020-10-30|
|Year End Close||10.68|