Mutual Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
INVESTMENT GRADE BOND FUND CLASS R6 (NASDAQ:RIGRX)
Long-Term Downtrend (-90) - RIGRX is in a strong downtrend that is likely to continue. While RIGRX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RIGRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RIGRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RIGRX
The long-term trend has been DOWN since Oct 5th, 2021 at 22.21
The intermediate-term trend has been DOWN since Nov 15th, 2021 at 22.03
The short-term trend has been DOWN since Nov 10th, 2021 at 22.17
Smart Scan Analysis for RIGRX
Based on our trend formula, RIGRX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||23.39||52wk High Date||2020-11-30|
|52wk Low||21.77||52wk Low Date||2021-03-18|
|Year End Close||22.59||Payment Date||2020-06-03|