Mutual Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
FIDELITY ADVISOR FLOATING RATE HIGH INCOME CL A (NASDAQ:FFRAX)
Strong Uptrend (+100) - FFRAX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FFRAX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for FFRAX
The long-term trend has been UP since Aug 10th, 2020 at 8.92
The intermediate-term trend has been UP since Aug 24th, 2021 at 9.43
The short-term trend has been UP since Sep 23rd, 2021 at 9.49
Smart Scan Analysis for FFRAX
Based on our trend formula, FFRAX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.78||52wk High Date||2021-10-22|
|52wk Low||8.98||52wk Low Date||2020-11-03|
|Year End Close||9.28||Payment Date||2019-12-27|