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Mutual Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

Ashmore Emerging Markets Local Currency Bond Fd Cl C (NASDAQ:ELBCX)

Sidelines Mode (-55) - ELBCX 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 ELBCX?

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

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

NASDAQ_ELBCX
Open High Low ELBCX Price Change
6.97 6.97 6.97 6.98 +0.01
Entry Signal

MarketClub’s Trade Triangles for ELBCX

long term down The long-term trend has been DOWN since Mar 3rd, 2021 at 7.05

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2021 at 6.92

short term down The short-term trend has been DOWN since Apr 30th, 2021 at 7.00

Smart Scan Analysis for ELBCX

Based on our trend formula, ELBCX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ELBCX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.97 6.97 6.97 6.98 +0.01
Prev. Close Volume Bid Ask Time
6.97 0 6.98 6.98 2021-05-05 20:00:00
52wk High7.5252wk High Date2020-12-18
52wk Low6.2152wk Low Date2020-05-06
Year End Close7.48Payment Date2020-01-24
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