Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Ashmore Emerging Markets Corporate Income Fund - Retail Class A (NASDAQ:ECDAX)

Weak Downtrend (-65) - ECDAX is showing signs of a strengthening downtrend. Monitor ECDAX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ECDAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for ECDAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ECDAX
Open High Low ECDAX Price Change
5.33 5.33 5.33 5.32 -0.01
Entry Signal

MarketClub’s Trade Triangles for ECDAX

long term up The long-term trend has been UP since Nov 3rd, 2023 at 5.16

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2024 at 5.39

short term down The short-term trend has been DOWN since Apr 5th, 2024 at 5.39

Smart Scan Analysis for ECDAX

Based on our trend formula, ECDAX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ECDAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.33 5.33 5.33 5.32 -0.01
Prev. Close Volume Bid Ask Time
5.33 0 5.32 5.54 2024-04-24 20:00:00
52wk High5.6452wk High Date2024-03-12
52wk Low4.9752wk Low Date2023-10-18
Year End Close5.32Payment Date2021-12-31
Get a free daily analysis and signals for Ashmore Emerging Markets Corporate Income Fund - Retail Class A (ECDAX) - Request Your Free Report.