Mutual Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
PRINCIPAL FDS INC.- GOVERNMENT & HIGH QUALITY BOND FUND CL R-3 (NASDAQ:PRCMX)
Bear Market Rally (-75) - PRCMX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PRCMX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PRCMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PRCMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PRCMX
The long-term trend has been DOWN since Mar 19th, 2020 at 10.51
The intermediate-term trend has been DOWN since Jun 6th, 2022 at 9.38
The short-term trend has been UP since Jun 22nd, 2022 at 9.16
Smart Scan Analysis for PRCMX
Based on our trend formula, PRCMX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.51||52wk High Date||2021-08-02|
|52wk Low||9.05||52wk Low Date||2022-06-14|
|Year End Close||10.27|