Mutual Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
FIDELITY INVESTMENT GRADE BOND FUND (NASDAQ:FBNDX)
Sidelines Mode (-55) - FBNDX 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 FBNDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBNDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FBNDX
The long-term trend has been DOWN since Oct 7th, 2021 at 8.39
The intermediate-term trend has been DOWN since Nov 16th, 2021 at 8.35
The short-term trend has been UP since Nov 26th, 2021 at 8.35
Smart Scan Analysis for FBNDX
Based on our trend formula, FBNDX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.58||52wk High Date||2020-12-31|
|52wk Low||8.24||52wk Low Date||2021-03-18|
|Year End Close||8.58||Payment Date||2021-12-06|