Mutual Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
Federated Hermes Floating Rate Strategic Income Fund Class A (NASDAQ:FRSAX)
Long-Term Uptrend (+90) - FRSAX is in a strong uptrend that is likely to continue. While FRSAX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FRSAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRSAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FRSAX
The long-term trend has been UP since Jul 21st, 2020 at 9.18
The intermediate-term trend has been UP since Nov 5th, 2020 at 9.30
The short-term trend has been UP since May 17th, 2021 at 9.54
Smart Scan Analysis for FRSAX
Based on our trend formula, FRSAX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.68||52wk High Date||2021-06-18|
|52wk Low||9.07||52wk Low Date||2020-06-30|
|Year End Close||9.46||Payment Date||2014-12-05|