Mutual Trend Analysis Report
Prepared for you on Thursday, August 5, 2021.
WESTERN ASSET OREGON MUNICIPALS FUND CLASS A (NASDAQ:SHORX)
Sidelines Mode (+55) - SHORX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SHORX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SHORX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SHORX
The long-term trend has been UP since Jun 2nd, 2021 at 10.66
The intermediate-term trend has been UP since Apr 7th, 2021 at 10.56
The short-term trend has been DOWN since Jul 29th, 2021 at 10.75
Smart Scan Analysis for SHORX
Based on our trend formula, SHORX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.24||52wk High Date||2021-07-20|
|52wk Low||10.46||52wk Low Date||2021-03-02|
|Year End Close||10.65||Yield||1.8813|