Mutual Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
RECURRENT MLP & INFRASTRUCTURE FUND CLASS I (NASDAQ:RMLPX)
Long-Term Uptrend (+90) - RMLPX is in a strong uptrend that is likely to continue. While RMLPX 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 RMLPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMLPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMLPX
The long-term trend has been UP since Nov 24th, 2020 at 11.53
The intermediate-term trend has been UP since Nov 9th, 2020 at 9.57
The short-term trend has been UP since Nov 9th, 2020 at 9.36
Smart Scan Analysis for RMLPX
Based on our trend formula, RMLPX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||18.22||52wk High Date||2020-01-06|
|52wk Low||6.26||52wk Low Date||2020-03-18|
|Year End Close||17.93|