Mutual Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
Delaware Investments, Extended Duration Bond Class R (NASDAQ:DEERX)
Long-Term Downtrend (-90) - DEERX is in a strong downtrend that is likely to continue. While DEERX 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 DEERX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DEERX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DEERX
The long-term trend has been DOWN since Oct 5th, 2021 at 6.95
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 6.92
The short-term trend has been DOWN since Jan 14th, 2022 at 6.49
Smart Scan Analysis for DEERX
Based on our trend formula, DEERX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.2||52wk High Date||2021-09-22|
|52wk Low||6.36||52wk Low Date||2022-01-18|
|Year End Close||6.68||Yield||2.6742|