Mutual Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
BNY MELLON ALTERNATIVE DIVERSIFIER STRATEGIES FUND CLASS I (NASDAQ:DRNIX)
Strong Uptrend (+100) - DRNIX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DRNIX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid DRNIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRNIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRNIX
The long-term trend has been UP since Mar 21st, 2019 at 12.31
The intermediate-term trend has been UP since Feb 12th, 2020 at 12.92
The short-term trend has been UP since Feb 5th, 2020 at 12.78
Smart Scan Analysis for DRNIX
Based on our trend formula, DRNIX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.09||52wk High Date||2019-12-27|
|52wk Low||12.16||52wk Low Date||2019-02-28|
|Year End Close||12.76||Payment Date||2020-01-02|