Mutual Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
AMERICAN BEACON SOUND POINT FLOATING RATE INCOME - INVESTOR CLASS (NASDAQ:SPFPX)
Bear Market Rally (-75) - SPFPX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPFPX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPFPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPFPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPFPX
The long-term trend has been DOWN since Aug 4th, 2021 at 9.26
The intermediate-term trend has been DOWN since Oct 26th, 2021 at 9.29
The short-term trend has been UP since Dec 6th, 2021 at 9.23
Smart Scan Analysis for SPFPX
Based on our trend formula, SPFPX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.31||52wk High Date||2021-07-12|
|52wk Low||9.08||52wk Low Date||2020-12-10|
|Year End Close||9.1||Payment Date||2019-12-23|