Mutual Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
TRANSAMERICA HIGH YIELD BOND CLASS I3 (NASDAQ:TAHTX)
Countertrend Up (+85) - TAHTX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid TAHTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TAHTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TAHTX
The long-term trend has been UP since Jul 24th, 2020 at 8.62
The intermediate-term trend has been UP since Jul 17th, 2020 at 8.49
The short-term trend has been DOWN since Aug 10th, 2020 at 8.72
Smart Scan Analysis for TAHTX
Based on our trend formula, TAHTX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.29||52wk High Date||2020-01-16|
|52wk Low||7.07||52wk Low Date||2020-03-23|
|Year End Close||9.25|