Mutual Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
THORNBURG GLOBAL OPPORTUNITIES FUND CLASS R3 (NASDAQ:THORX)
Long-Term Downtrend (-90) - THORX is in a strong downtrend that is likely to continue. While THORX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid THORX?
MarketClub looks at technical strength and momentum to determine if the timing is right for THORX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THORX
The long-term trend has been DOWN since Nov 18th, 2021 at 38.39
The intermediate-term trend has been DOWN since Apr 21st, 2022 at 34.03
The short-term trend has been DOWN since May 6th, 2022 at 32.48
Smart Scan Analysis for THORX
Based on our trend formula, THORX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||40.44||52wk High Date||2021-10-20|
|52wk Low||30.47||52wk Low Date||2022-05-12|
|Year End Close||35.15||Payment Date||2019-12-20|