Mutual Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
GOLDMAN SACHS BOND FUND CLASS P SHARES (NASDAQ:GMVPX)
Bull Market Weakness (+75) - GMVPX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GMVPX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GMVPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GMVPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GMVPX
The long-term trend has been DOWN since Oct 7th, 2021 at 10.69
The intermediate-term trend has been UP since May 24th, 2022 at 9.46
The short-term trend has been UP since May 20th, 2022 at 9.42
Smart Scan Analysis for GMVPX
Based on our trend formula, GMVPX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.85||52wk High Date||2021-09-14|
|52wk Low||9.28||52wk Low Date||2022-05-06|
|Year End Close||10.59|