Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Saturday, April 27, 2024.

Ashmore Emerging Markets Local Currency Bond Fd Insti Cl (NASDAQ:ELBIX)

Countertrend Down (-85) - ELBIX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

NASDAQ_ELBIX
Open High Low ELBIX Price Change
6.58 6.58 6.58 6.51 +0.01
Entry Signal

MarketClub’s Trade Triangles for ELBIX

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 6.77

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 6.79

short term up The short-term trend has been UP since Apr 19th, 2024 at 6.57

Smart Scan Analysis for ELBIX

Based on our trend formula, ELBIX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ELBIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.58 6.58 6.58 6.51 +0.01
Prev. Close Volume Bid Ask Time
6.50 0 6.59 6.59 2024-04-22 20:00:00
52wk High7.1752wk High Date2023-07-19
52wk Low6.3852wk Low Date2023-10-25
Year End Close6.98Payment Date2022-01-21
Get a free daily analysis and signals for Ashmore Emerging Markets Local Currency Bond Fd Insti Cl (ELBIX) - Request Your Free Report.