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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.

NASDAQ_FRSAX
Open High Low FRSAX Price Change
9.58 9.58 9.58 9.58 0.00
Entry Signal

MarketClub’s Trade Triangles for FRSAX

long term up The long-term trend has been UP since Jul 21st, 2020 at 9.18

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2020 at 9.30

short term up 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).

+90
Smart Scan Analysis for FRSAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.58 9.58 9.58 9.58 0.00
Prev. Close Volume Bid Ask Time
9.58 0 9.58 9.68 2021-06-18 20:00:00
52wk High9.6852wk High Date2021-06-18
52wk Low9.0752wk Low Date2020-06-30
Year End Close9.46Payment Date2014-12-05
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