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Mutual Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
FEDERATED HERMES CORPORATE BOND FUND CLASS IS (NASDAQ:FDBIX)
Sidelines Mode (-55) - FDBIX 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 FDBIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FDBIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FDBIX
The long-term trend has been DOWN since Oct 5th, 2021 at 9.80
The intermediate-term trend has been DOWN since Jun 10th, 2022 at 8.39
The short-term trend has been UP since Jun 30th, 2022 at 8.26
Smart Scan Analysis for FDBIX
Based on our trend formula, FDBIX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.32 | 8.32 | 8.32 | 8.34 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.32 | 0 | 8.34 | 8.34 | 2022-07-05 17:23:13 |
| 52wk High | 9.96 | 52wk High Date | 2021-08-02 |
| 52wk Low | 8.17 | 52wk Low Date | 2022-06-14 |
| Year End Close | 9.72 | Payment Date | 2022-02-25 |