Mutual Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
NATIONWIDE AMUNDI GLOBAL HIGH YIELD FUND INSTITUTIONAL SERVICE CLASS (NASDAQ:NWXLX)
Long-Term Downtrend (-90) - NWXLX is in a strong downtrend that is likely to continue. While NWXLX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NWXLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NWXLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NWXLX
The long-term trend has been DOWN since Nov 29th, 2021 at 9.85
The intermediate-term trend has been DOWN since Sep 1st, 2022 at 8.33
The short-term trend has been DOWN since Sep 16th, 2022 at 8.30
Smart Scan Analysis for NWXLX
Based on our trend formula, NWXLX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10||52wk High Date||2021-11-09|
|52wk Low||8.01||52wk Low Date||2022-10-03|
|Year End Close||9.6||Payment Date||2021-09-24|