Mutual Trend Analysis Report
Prepared for you on Thursday, October 22, 2020.
WESTERN ASSET SHORT-TERM BOND FUND CLASS C1 (NASDAQ:SSTLX)
Sidelines Mode (-50) - SSTLX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SSTLX can gain momentum.
Is it time to buy, sell, or avoid SSTLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SSTLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SSTLX
The long-term trend has been UP since Jul 2nd, 2020 at 3.93
The intermediate-term trend has been DOWN since Sep 25th, 2020 at 3.95
The short-term trend has been DOWN since Sep 25th, 2020 at 3.95
Smart Scan Analysis for SSTLX
Based on our trend formula, SSTLX is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.95||52wk High Date||2020-03-04|
|52wk Low||3.74||52wk Low Date||2020-03-24|
|Year End Close||3.9||Yield||1.3364|