Mutual Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
SEI ASSET ALLOCATION TRUST DEFENSIVE STRATEGY FUND CL I (NASDAQ:SEDIX)
Long-Term Downtrend (-90) - SEDIX is in a strong downtrend that is likely to continue. While SEDIX 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 SEDIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEDIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEDIX
The long-term trend has been DOWN since Oct 5th, 2021 at 10.02
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 10.04
The short-term trend has been DOWN since May 18th, 2022 at 9.51
Smart Scan Analysis for SEDIX
Based on our trend formula, SEDIX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.1||52wk High Date||2021-09-03|
|52wk Low||9.48||52wk Low Date||2022-05-19|
|Year End Close||9.78|