Mutual Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
Western Asset Mortgage Total Return Fund Class IS (NASDAQ:LMBSX)
Long-Term Downtrend (-90) - LMBSX is in a strong downtrend that is likely to continue. While LMBSX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LMBSX?
MarketClub looks at technical strength and momentum to determine if the timing is right for LMBSX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LMBSX
The long-term trend has been DOWN since Nov 9th, 2020 at 10.26
The intermediate-term trend has been DOWN since May 11th, 2021 at 10.20
The short-term trend has been DOWN since Jun 14th, 2021 at 10.19
Smart Scan Analysis for LMBSX
Based on our trend formula, LMBSX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.31||52wk High Date||2021-01-25|
|52wk Low||10.16||52wk Low Date||2021-06-16|
|Year End Close||10.29||Yield||3.0898|