Mutual Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
OPTIMUM FIXED INCOME FUND CLASS C (NASDAQ:OCFIX)
Countertrend Down (-85) - OCFIX 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 OCFIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for OCFIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OCFIX
The long-term trend has been DOWN since Oct 7th, 2021 at 9.82
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 9.89
The short-term trend has been UP since Oct 13th, 2021 at 9.78
Smart Scan Analysis for OCFIX
Based on our trend formula, OCFIX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.4||52wk High Date||2020-11-27|
|52wk Low||9.68||52wk Low Date||2021-03-18|
|Year End Close||10.04||Payment Date||2019-12-13|