Mutual Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
PGIM ABSOLUTE RETURN BOND FUND CLASS Z (NASDAQ:PADZX)
Strong Uptrend (+100) - PADZX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PADZX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid PADZX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PADZX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PADZX
The long-term trend has been UP since Jul 7th, 2020 at 8.87
The intermediate-term trend has been UP since Nov 5th, 2020 at 9.04
The short-term trend has been UP since Nov 4th, 2020 at 8.99
Smart Scan Analysis for PADZX
Based on our trend formula, PADZX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.85||52wk High Date||2019-12-17|
|52wk Low||7.88||52wk Low Date||2020-03-24|
|Year End Close||9.57||Yield||3.0313|