Mutual Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
DESTRA MULTI-ALTERNATIVE FUND CLASS A (NASDAQ:MSFDX)
Bear Market Rally (-75) - MSFDX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MSFDX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MSFDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSFDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSFDX
The long-term trend has been DOWN since Oct 1st, 2021 at 12.12
The intermediate-term trend has been UP since Nov 8th, 2021 at 11.73
The short-term trend has been DOWN since Nov 26th, 2021 at 11.69
Smart Scan Analysis for MSFDX
Based on our trend formula, MSFDX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.38||52wk High Date||2021-07-23|
|52wk Low||11.46||52wk Low Date||2021-10-05|
|Year End Close||11.94||Payment Date||2021-11-30|