Mutual Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
DOUBLELINE TOTAL RETURN BOND FUND CLASS N (NASDAQ:DLTNX)
Sidelines Mode (-55) - DLTNX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DLTNX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DLTNX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DLTNX
The long-term trend has been DOWN since Mar 18th, 2020 at 10.63
The intermediate-term trend has been UP since Apr 15th, 2020 at 10.46
The short-term trend has been DOWN since Jun 4th, 2020 at 10.62
Smart Scan Analysis for DLTNX
Based on our trend formula, DLTNX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.03||52wk High Date||2020-03-09|
|52wk Low||10.2||52wk Low Date||2020-03-25|
|Year End Close||10.63||Payment Date||2020-03-31|