Mutual Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
DoubleLine Floating Rate Fund - Class N (NASDAQ:DLFRX)
Bull Market Weakness (+75) - DLFRX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DLFRX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DLFRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DLFRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DLFRX
The long-term trend has been DOWN since Nov 30th, 2021 at 9.54
The intermediate-term trend has been UP since Dec 22nd, 2021 at 9.56
The short-term trend has been UP since Jan 4th, 2022 at 9.56
Smart Scan Analysis for DLFRX
Based on our trend formula, DLFRX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.6||52wk High Date||2022-01-14|
|52wk Low||9.52||52wk Low Date||2021-12-02|
|Year End Close||9.56||Payment Date||2020-05-29|