Mutual Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
LORD ABBETT GLOBAL BOND FUND CLASS I (NASDAQ:LGBYX)
Long-Term Uptrend (+90) - LGBYX is in a strong uptrend that is likely to continue. While LGBYX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid LGBYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for LGBYX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LGBYX
The long-term trend has been UP since Jul 8th, 2020 at 9.88
The intermediate-term trend has been UP since Jul 6th, 2020 at 9.84
The short-term trend has been UP since Jul 1st, 2020 at 9.79
Smart Scan Analysis for LGBYX
Based on our trend formula, LGBYX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.25||52wk High Date||2020-03-05|
|52wk Low||8.82||52wk Low Date||2020-03-19|
|Year End Close||10.13||Payment Date||2019-12-18|