Mutual Trend Analysis Report
Prepared for you on Tuesday, July 14, 2020.
DOUBLELINE LONG DURATION TOTAL RETURN BOND FUND - CLASS I (NASDAQ:DBLDX)
Bull Market Weakness (+75) - DBLDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DBLDX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DBLDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBLDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DBLDX
The long-term trend has been UP since Feb 20th, 2020 at 10.89
The intermediate-term trend has been UP since Jun 25th, 2020 at 11.76
The short-term trend has been DOWN since Jul 1st, 2020 at 11.82
Smart Scan Analysis for DBLDX
Based on our trend formula, DBLDX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.7||52wk High Date||2020-03-09|
|52wk Low||10.18||52wk Low Date||2019-07-16|
|Year End Close||10.2||Payment Date||2020-05-29|