Mutual Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
NEWFOUND MUTLI-ASSET INCOME FUND FUND CLASS A (NASDAQ:NFMAX)
Sidelines Mode (+55) - NFMAX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NFMAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NFMAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NFMAX
The long-term trend has been DOWN since Feb 27th, 2020 at 8.94
The intermediate-term trend has been UP since May 22nd, 2020 at 7.40
The short-term trend has been DOWN since May 28th, 2020 at 7.41
Smart Scan Analysis for NFMAX
Based on our trend formula, NFMAX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.24||52wk High Date||2020-02-14|
|52wk Low||6.92||52wk Low Date||2020-03-19|
|Year End Close||9.07||Payment Date||2016-03-31|