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Mutual Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Federated Hermes Floating Rate Strategic Income Fund Class A (NASDAQ:FRSAX)

Weak Downtrend (-65) - FRSAX is showing signs of a strengthening downtrend. Monitor FRSAX as it may be building momentum to the downside.

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.

NASDAQ_FRSAX
Open High Low FRSAX Price Change
8.69 8.69 8.69 8.69 0.00
Entry Signal

MarketClub’s Trade Triangles for FRSAX

long term up The long-term trend has been UP since Sep 5th, 2023 at 8.66

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 8.70

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 8.70

Smart Scan Analysis for FRSAX

Based on our trend formula, FRSAX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for FRSAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.69 8.69 8.69 8.69 0.00
Prev. Close Volume Bid Ask Time
8.69 0 8.69 8.78 2024-04-19 18:05:00
52wk High8.852wk High Date2024-04-01
52wk Low8.5652wk Low Date2023-06-05
Year End Close8.69Payment Date2014-12-05
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