Mutual Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
GUGGENHEIM DEF PTF SRS 710 GUGGENHEIM BUILD AMERICA BONDS TR SRS 5 (NASDAQ:CGBAEX)
Sidelines Mode (-55) - CGBAEX 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 CGBAEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CGBAEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CGBAEX
The long-term trend has been DOWN since Jul 14th, 2020 at 864.17
The intermediate-term trend has been DOWN since Jul 14th, 2020 at 886.03
The short-term trend has been UP since Jul 20th, 2020 at 860.75
Smart Scan Analysis for CGBAEX
Based on our trend formula, CGBAEX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||968.53||52wk High Date||2020-03-09|
|52wk Low||826.36||52wk Low Date||2020-03-25|
|Year End Close||868.28||Yield||4.25|