Mutual Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
JPMorgan Mortgage Backed Securities Fund R6 (NASDAQ:JMBUX)
Bull Market Weakness (+75) - JMBUX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JMBUX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid JMBUX?
MarketClub looks at technical strength and momentum to determine if the timing is right for JMBUX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JMBUX
The long-term trend has been UP since Aug 1st, 2022 at 10.62
The intermediate-term trend has been UP since Jul 1st, 2022 at 10.49
The short-term trend has been UP since Aug 15th, 2022 at 10.55
Smart Scan Analysis for JMBUX
Based on our trend formula, JMBUX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.5||52wk High Date||2021-09-14|
|52wk Low||10.22||52wk Low Date||2022-06-14|
|Year End Close||11.33||Payment Date||2022-02-25|