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.
MarketClub’s Trade Triangles for SPFPX
The long-term trend has been DOWN since Mar 2nd, 2020 at 9.5
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 9.6
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).
|52wk High||10.05||52wk High Date||2019-04-30|
|52wk Low||7.76||52wk Low Date||2020-03-25|
|Year End Close||9.6||Payment Date||2019-12-23|