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Mutual Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

FIDELITY ADVISOR FLOATING RATE HIGH INCOME CL A (NASDAQ:FFRAX)

Sidelines Mode (+55) - FFRAX 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 FFRAX?

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

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

NASDAQ_FFRAX
Open High Low FFRAX Price Change
9.34 9.34 9.34 9.33 -0.01
Entry Signal

MarketClub’s Trade Triangles for FFRAX

long term up The long-term trend has been UP since Dec 27th, 2023 at 9.30

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2024 at 9.30

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 9.35

Smart Scan Analysis for FFRAX

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

+55
Smart Scan Analysis for FFRAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.34 9.34 9.34 9.33 -0.01
Prev. Close Volume Bid Ask Time
9.33 0 9.33 9.59 2024-03-22 20:00:00
52wk High9.6152wk High Date2024-03-19
52wk Low9.0352wk Low Date2023-05-31
Year End Close9.31Payment Date2019-12-27
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