Mutual Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
PIMCO SENIOR FLOATING RATE FD C (NASDAQ:PSRWX)
Long-Term Uptrend (+90) - PSRWX is in a strong uptrend that is likely to continue. While PSRWX 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 PSRWX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PSRWX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PSRWX
The long-term trend has been UP since Sep 2nd, 2020 at 9.21
The intermediate-term trend has been UP since Oct 21st, 2020 at 9.19
The short-term trend has been UP since Oct 6th, 2020 at 9.16
Smart Scan Analysis for PSRWX
Based on our trend formula, PSRWX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.86||52wk High Date||2019-12-18|
|52wk Low||7.9||52wk Low Date||2020-03-23|
|Year End Close||9.83||Payment Date||2019-12-26|