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Mutual Trend Analysis Report

Prepared for you on Friday, June 9, 2023.

WESTERN ASSET CALIFORNIA MUNICIPALS FUND CLASS IS SHARES (NASDAQ:SHRSX)

Weak Downtrend (-65) - SHRSX is showing signs of a strengthening downtrend. Monitor SHRSX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SHRSX?

MarketClub looks at technical strength and momentum to determine if the timing is right for SHRSX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SHRSX
Open High Low SHRSX Price Change
13.90 13.90 13.90 13.89 0.00
Entry Signal

MarketClub’s Trade Triangles for SHRSX

long term up The long-term trend has been UP since Dec 8th, 2022 at 13.88

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2023 at 13.93

short term down The short-term trend has been DOWN since May 16th, 2023 at 14.00

Smart Scan Analysis for SHRSX

Based on our trend formula, SHRSX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SHRSX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.90 13.90 13.90 13.89 0.00
Prev. Close Volume Bid Ask Time
13.90 0 13.90 13.90 2023-06-05 20:00:00
52wk High14.3252wk High Date2022-08-02
52wk Low13.1552wk Low Date2022-10-25
Year End Close13.73Yield3.0545
Payment Date2019-12-06
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