Mutual Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
WESTERN ASSET MORTGAGE TOTAL RETURN FUND CLASS IS (NASDAQ:LMBSX)
Countertrend Down (-85) - LMBSX 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 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 Oct 8th, 2021 at 10.18
The intermediate-term trend has been DOWN since Aug 9th, 2021 at 10.23
The short-term trend has been UP since Jan 13th, 2022 at 10.02
Smart Scan Analysis for LMBSX
Based on our trend formula, LMBSX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.31||52wk High Date||2021-01-25|
|52wk Low||10.01||52wk Low Date||2022-01-14|
|Year End Close||10.1||Yield||2.8016|