Mutual Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
LORD ABBETT INVESTMENT TRUST HIGH YIELD FUND CLASS P (NASDAQ:LHYPX)
Countertrend Down (-85) - LHYPX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid LHYPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for LHYPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LHYPX
The long-term trend has been DOWN since Nov 24th, 2021 at 7.61
The intermediate-term trend has been DOWN since Nov 19th, 2021 at 7.66
The short-term trend has been UP since Jan 12th, 2022 at 7.52
Smart Scan Analysis for LHYPX
Based on our trend formula, LHYPX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.74||52wk High Date||2021-09-16|
|52wk Low||7.49||52wk Low Date||2022-01-18|
|Year End Close||7.6||Payment Date||2021-12-17|