Mutual Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
EAGLE MLP STRATEGY FUND CLASS A (NASDAQ:EGLAX)
Crossroads (-60) - EGLAX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EGLAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGLAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EGLAX
The long-term trend has been UP since Oct 1st, 2021 at 5.64
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 6.89
The short-term trend has been DOWN since May 9th, 2022 at 6.85
Smart Scan Analysis for EGLAX
Based on our trend formula, EGLAX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.7||52wk High Date||2022-04-20|
|52wk Low||4.93||52wk Low Date||2021-08-19|
|Year End Close||5.6||Payment Date||2016-01-28|