Mutual Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
Templeton Developing Markets Trust Class A (NASDAQ:TEDMX)
Sidelines Mode (+55) - TEDMX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TEDMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TEDMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TEDMX
The long-term trend has been UP since Jun 2nd, 2021 at 27.75
The intermediate-term trend has been UP since Jun 1st, 2021 at 27.33
The short-term trend has been DOWN since Jun 15th, 2021 at 27.56
Smart Scan Analysis for TEDMX
Based on our trend formula, TEDMX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||30.7||52wk High Date||2021-02-16|
|52wk Low||19.58||52wk Low Date||2020-06-26|
|Year End Close||25.42||Payment Date||2019-12-24|