Mutual Trend Analysis Report
Prepared for you on Thursday, July 9, 2020.
NORTHEAST INVESTORS TRUST (NASDAQ:NTHEX)
Countertrend Down (-85) - NTHEX 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 NTHEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NTHEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NTHEX
The long-term trend has been DOWN since May 31st, 2019 at 4.30
The intermediate-term trend has been DOWN since Jul 1st, 2020 at 3.71
The short-term trend has been UP since Jul 7th, 2020 at 3.71
Smart Scan Analysis for NTHEX
Based on our trend formula, NTHEX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.29||52wk High Date||2019-07-05|
|52wk Low||3.41||52wk Low Date||2020-03-24|
|Year End Close||4.73||Payment Date||2020-05-20|