Mutual Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
DELAWARE CORPORATE BOND FUND INSTITUTIONAL CLASS (NASDAQ:DGCIX)
Long-Term Downtrend (-90) - DGCIX is in a strong downtrend that is likely to continue. While DGCIX 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 DGCIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DGCIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DGCIX
The long-term trend has been DOWN since Feb 22nd, 2021 at 6.39
The intermediate-term trend has been DOWN since May 11th, 2021 at 6.29
The short-term trend has been DOWN since May 10th, 2021 at 6.32
Smart Scan Analysis for DGCIX
Based on our trend formula, DGCIX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.57||52wk High Date||2020-12-31|
|52wk Low||6.05||52wk Low Date||2020-05-15|
|Year End Close||6.57||Yield||2.8999|