Mutual Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
PRINCIPAL FUNDS INC. - HIGH YIELD FUND CLASS R6 (NASDAQ:PHYFX)
Long-Term Uptrend (+90) - PHYFX is in a strong uptrend that is likely to continue. While PHYFX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid PHYFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PHYFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PHYFX
The long-term trend has been UP since Jul 21st, 2020 at 6.89
The intermediate-term trend has been UP since Jul 15th, 2020 at 6.80
The short-term trend has been UP since Jul 13th, 2020 at 6.77
Smart Scan Analysis for PHYFX
Based on our trend formula, PHYFX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.21||52wk High Date||2020-01-14|
|52wk Low||5.68||52wk Low Date||2020-03-23|
|Year End Close||7.18|