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Mutual Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

PENN CAPITAL SHORT DURATION HIGH INCOME FUND INSTITUTIONAL CLASS (NASDAQ:PSHNX)

Bear Market Rally (-75) - PSHNX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PSHNX as it may be in the beginning of a reversal.

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

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

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

NASDAQ_PSHNX
Open High Low PSHNX Price Change
9.40 9.40 9.40 9.45 +0.02
Entry Signal

MarketClub’s Trade Triangles for PSHNX

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 9.43

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 9.47

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 9.47

Smart Scan Analysis for PSHNX

Based on our trend formula, PSHNX is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for PSHNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.40 9.40 9.40 9.45 +0.02
Prev. Close Volume Bid Ask Time
9.46 0 9.42 9.42 2024-04-19 20:00:00
52wk High9.5352wk High Date2024-03-27
52wk Low9.1952wk Low Date2023-10-31
Year End Close9.47Payment Date2023-08-31
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