Mutual Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
BNY MELLON ALTERNATIVE DIVERSIFIER STRATEGIES FUND CLASS I (NASDAQ:DRNIX)
Bull Market Weakness (+75) - DRNIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DRNIX as it may be in the beginning stages of a reversal.
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 Jul 14th, 2020 at 12.09
The intermediate-term trend has been UP since Aug 27th, 2021 at 14.20
The short-term trend has been UP since Sep 15th, 2021 at 14.20
Smart Scan Analysis for DRNIX
Based on our trend formula, DRNIX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.32||52wk High Date||2021-09-03|
|52wk Low||12.16||52wk Low Date||2020-09-23|
|Year End Close||12.96||Payment Date||2020-01-02|