Mutual Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
PGIM SHORT-TERM CORPORATE BOND FUND CLASS A (NASDAQ:PBSMX)
Long-Term Downtrend (-90) - PBSMX is in a strong downtrend that is likely to continue. While PBSMX 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 PBSMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PBSMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PBSMX
The long-term trend has been DOWN since Mar 4th, 2021 at 11.34
The intermediate-term trend has been DOWN since Jun 10th, 2022 at 10.41
The short-term trend has been DOWN since Jun 27th, 2022 at 10.29
Smart Scan Analysis for PBSMX
Based on our trend formula, PBSMX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.34||52wk High Date||2021-08-02|
|52wk Low||10.22||52wk Low Date||2022-06-14|
|Year End Close||11.14||Yield||2.2862|