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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
DUNHAM MONTHLY DISTRIBUTION FUND CLASS A (NASDAQ:DAMDX)
Long-Term Downtrend (-90) - DAMDX is in a strong downtrend that is likely to continue. While DAMDX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DAMDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DAMDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DAMDX
The long-term trend has been DOWN since Nov 2nd, 2022 at 29.68
The intermediate-term trend has been DOWN since Feb 29th, 2024 at 27.76
The short-term trend has been DOWN since Apr 12th, 2024 at 27.51
Smart Scan Analysis for DAMDX
Based on our trend formula, DAMDX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.28 | 27.28 | 27.28 | 27.31 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.28 | 0 | 27.31 | 28.98 | 2024-04-25 17:04:45 |
| 52wk High | 29.05 | 52wk High Date | 2023-04-27 |
| 52wk Low | 27.28 | 52wk Low Date | 2024-04-24 |
| Year End Close | 28.13 | Payment Date | 2023-09-01 |