Mutual Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
TEMPLETON GLOBAL BOND FUND ADVISOR CLASS (NASDAQ:TGBAX)
Countertrend Down (-85) - TGBAX 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 TGBAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TGBAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TGBAX
The long-term trend has been DOWN since Nov 19th, 2018 at 11.55
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 9.04
The short-term trend has been UP since Oct 13th, 2021 at 8.96
Smart Scan Analysis for TGBAX
Based on our trend formula, TGBAX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.83||52wk High Date||2020-11-06|
|52wk Low||8.92||52wk Low Date||2021-09-29|
|Year End Close||9.75||Payment Date||2021-10-15|