Mutual Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
LORD ABBETT INV TR LORD ABBETT FLOATING RATE FD - CL R2 (NASDAQ:LFRRX)
Crossroads (+60) - LFRRX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid LFRRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for LFRRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LFRRX
The long-term trend has been UP since Aug 12th, 2020 at 7.99
The intermediate-term trend has been DOWN since Mar 5th, 2021 at 8.39
The short-term trend has been DOWN since May 4th, 2021 at 8.39
Smart Scan Analysis for LFRRX
Based on our trend formula, LFRRX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.41||52wk High Date||2021-02-24|
|52wk Low||7.57||52wk Low Date||2020-05-18|
|Year End Close||8.31|