Mutual Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
FIDELITY REAL ESTATE INCOME (NASDAQ:FRIFX)
Countertrend Up (+85) - FRIFX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid FRIFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRIFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FRIFX
The long-term trend has been UP since Aug 10th, 2020 at 11.23
The intermediate-term trend has been UP since May 24th, 2021 at 12.92
The short-term trend has been DOWN since Jun 15th, 2021 at 13.32
Smart Scan Analysis for FRIFX
Based on our trend formula, FRIFX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.34||52wk High Date||2021-06-14|
|52wk Low||10.67||52wk Low Date||2020-07-13|
|Year End Close||11.78||Payment Date||2020-06-08|