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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.

NASDAQ_NFMAX
Open High Low NFMAX Price Change
7.43 7.43 7.43 7.43 0.00
Entry Signal

MarketClub’s Trade Triangles for NFMAX

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 8.94

intermediate term up The intermediate-term trend has been UP since May 22nd, 2020 at 7.40

short term down 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).

+55
Smart Scan Analysis for NFMAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.43 7.43 7.43 7.43 0.00
Prev. Close Volume Bid Ask Time
7.43 0 7.43 7.88 2020-06-01 20:00:00
52wk High9.2452wk High Date2020-02-14
52wk Low6.9252wk Low Date2020-03-19
Year End Close9.07Payment Date2016-03-31
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