Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
JPMORGAN INSTITUTIONAL TAX FREE MONEY MARKET FUND - INSTITUTIONAL (NASDAQ:JOFXX)
Sidelines Mode (+50) - JOFXX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until JOFXX can gain momentum.
Is it time to buy, sell, or avoid JOFXX?
MarketClub looks at technical strength and momentum to determine if the timing is right for JOFXX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for JOFXX
The long-term trend has been DOWN since Dec 8th, 2023 at 2.80
The intermediate-term trend has been UP since Jan 26th, 2024 at 3.67
The short-term trend has been UP since Apr 12th, 2024 at 3.26
Smart Scan Analysis for JOFXX
Based on our trend formula, JOFXX is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0000 | 3.5500 | 3.5500 | 1.0001 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0000 | 39220 | 17.0000 | 2024-04-17 20:00:00 |
| 52wk High | 4.04 | 52wk High Date | 2023-09-27 |
| 52wk Low | 1.88 | 52wk Low Date | 2024-01-17 |
| Average Volume | 19 |