Mutual Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
DOUBLELINE INCOME FUND CLASS I (NASDAQ:DBLIX)
Long-Term Downtrend (-90) - DBLIX is in a strong downtrend that is likely to continue. While DBLIX 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 DBLIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBLIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DBLIX
The long-term trend has been DOWN since Sep 17th, 2021 at 9.31
The intermediate-term trend has been DOWN since Aug 31st, 2021 at 9.32
The short-term trend has been DOWN since Dec 30th, 2021 at 9.15
Smart Scan Analysis for DBLIX
Based on our trend formula, DBLIX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.37||52wk High Date||2021-05-25|
|52wk Low||9.05||52wk Low Date||2022-01-18|
|Year End Close||9.11||Payment Date||2020-05-29|