Mutual Trend Analysis Report
Prepared for you on Sunday, July 12, 2020.
TRIBUTARY NEBRASKA TAX-FREE FUND - INSTITUTIONAL PLUS CLASS (NASDAQ:FONPX)
Bull Market Weakness (+75) - FONPX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FONPX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FONPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FONPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FONPX
The long-term trend has been DOWN since Mar 12th, 2020 at 9.71
The intermediate-term trend has been UP since Jul 10th, 2020 at 9.93
The short-term trend has been UP since Jul 7th, 2020 at 9.91
Smart Scan Analysis for FONPX
Based on our trend formula, FONPX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.99||52wk High Date||2020-03-09|
|52wk Low||9.03||52wk Low Date||2020-03-20|
|Year End Close||9.73||Payment Date||2020-06-01|