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Mutual Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Federated Hermes Corporate Bond Fund Class IS (NASDAQ:FDBIX)
Countertrend Down (-85) - FDBIX 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 FDBIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FDBIX.
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MarketClub’s Trade Triangles for FDBIX
The long-term trend has been DOWN since Apr 10th, 2024 at 8.16
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 8.20
The short-term trend has been UP since Apr 23rd, 2024 at 8.07
Smart Scan Analysis for FDBIX
Based on our trend formula, FDBIX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.09 | 8.09 | 8.09 | 8.05 | -0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.09 | 0 | 8.05 | 8.05 | 2024-04-24 18:05:00 |
| 52wk High | 8.36 | 52wk High Date | 2023-12-27 |
| 52wk Low | 7.69 | 52wk Low Date | 2023-10-25 |
| Year End Close | 8.33 | Payment Date | 2024-04-25 |