Mutual Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
WESTERN ASSET MACRO OPPORTUNITIES FUND I (NASDAQ:LAOIX)
Sidelines Mode (-55) - LAOIX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid LAOIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for LAOIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LAOIX
The long-term trend has been DOWN since Dec 18th, 2019 at 11.28
The intermediate-term trend has been UP since Jan 14th, 2020 at 11.17
The short-term trend has been DOWN since Feb 20th, 2020 at 11.22
Smart Scan Analysis for LAOIX
Based on our trend formula, LAOIX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.15||52wk High Date||2019-12-13|
|52wk Low||10.85||52wk Low Date||2019-03-07|
|Year End Close||11.1||Payment Date||2019-12-18|