Mutual Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
VIRTUS NEWFLEET MULTI-SECTOR INTERMEDIATE BOND FUND C (NASDAQ:NCMFX)
Crossroads (+60) - NCMFX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NCMFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NCMFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NCMFX
The long-term trend has been DOWN since Mar 4th, 2021 at 10.44
The intermediate-term trend has been UP since Apr 7th, 2021 at 10.41
The short-term trend has been UP since May 3rd, 2021 at 10.45
Smart Scan Analysis for NCMFX
Based on our trend formula, NCMFX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.58||52wk High Date||2021-02-10|
|52wk Low||9.48||52wk Low Date||2020-05-11|
|Year End Close||10.55||Yield||2.6091|