Mutual Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
ABERDEEN GLOBAL ABSOLUTE RETURN STRATEGIES FUND CLASS A (NASDAQ:CUGAX)
Bear Market Rally (-75) - CUGAX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CUGAX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CUGAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CUGAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CUGAX
The long-term trend has been DOWN since Mar 4th, 2021 at 10.54
The intermediate-term trend has been UP since Nov 4th, 2021 at 10.37
The short-term trend has been DOWN since Nov 18th, 2021 at 10.42
Smart Scan Analysis for CUGAX
Based on our trend formula, CUGAX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.81||52wk High Date||2021-01-20|
|52wk Low||10.22||52wk Low Date||2021-11-26|
|Year End Close||10.7||Payment Date||2019-12-23|