Mutual Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
LORD ABBETT SHORT DURATION INCOME CLASS R5 (NASDAQ:LDLTX)
Bull Market Weakness (+75) - LDLTX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LDLTX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LDLTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for LDLTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LDLTX
The long-term trend has been DOWN since Jul 19th, 2021 at 4.20
The intermediate-term trend has been UP since Jul 22nd, 2022 at 3.92
The short-term trend has been UP since Aug 10th, 2022 at 3.92
Smart Scan Analysis for LDLTX
Based on our trend formula, LDLTX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.19||52wk High Date||2021-09-21|
|52wk Low||3.89||52wk Low Date||2022-06-14|
|Year End Close||4.15|