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Mutual Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

AMERICAN BEACON SOUND POINT FLOATING RATE INCOME - INVESTOR CLASS (NASDAQ:SPFPX)

Countertrend Down (-85) - SPFPX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

NASDAQ_SPFPX
Open High Low SPFPX Price Change
7.90 7.94 7.94 7.94 +0.04
Entry Signal

MarketClub’s Trade Triangles for SPFPX

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 9.5

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2020 at 9.6

short term up The short-term trend has been UP since Mar 26th, 2020 at 7.8

Smart Scan Analysis for SPFPX

Based on our trend formula, SPFPX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPFPX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.90 7.94 7.94 7.94 +0.04
Prev. Close Volume Bid Ask Time
7.89 0 7.94 7.94 2020-03-31 20:00:00
52wk High10.0552wk High Date2019-04-30
52wk Low7.7652wk Low Date2020-03-25
Year End Close9.6Payment Date2019-12-23
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