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Mutual Trend Analysis Report

Prepared for you on Tuesday, May 24, 2022.

VIRTUS NEWFLEET SENIOR FLOATING RATE FUND A (NASDAQ:PSFRX)

Strong Downtrend (-100) - PSFRX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PSFRX continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PSFRX?

MarketClub looks at technical strength and momentum to determine if the timing is right for PSFRX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_PSFRX
Open High Low PSFRX Price Change
8.59 8.59 8.59 8.57 -0.02
Entry Signal

MarketClub’s Trade Triangles for PSFRX

long term down The long-term trend has been DOWN since Feb 17th, 2022 at 8.94

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2022 at 8.89

short term down The short-term trend has been DOWN since May 18th, 2022 at 8.63

Smart Scan Analysis for PSFRX

Based on our trend formula, PSFRX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for PSFRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.59 8.59 8.59 8.57 -0.02
Prev. Close Volume Bid Ask Time
8.59 0 8.57 8.81 2022-05-23 20:00:00
52wk High9.2852wk High Date2022-01-21
52wk Low8.5752wk Low Date2022-05-23
Year End Close8.98Yield3.3856
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