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Mutual Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Virtus Newfleet Low Duration Core Plus Bond Fund Class R6 (NASDAQ:VLDRX)
Long-Term Downtrend (-90) - VLDRX is in a strong downtrend that is likely to continue. While VLDRX 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 VLDRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for VLDRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for VLDRX
The long-term trend has been DOWN since Apr 16th, 2024 at 10.43
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 10.46
The short-term trend has been DOWN since Apr 1st, 2024 at 10.49
Smart Scan Analysis for VLDRX
Based on our trend formula, VLDRX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.43 | 10.43 | 10.43 | 10.43 | -0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.43 | 0 | 10.41 | 10.41 | 2024-04-16 20:00:00 |
| 52wk High | 10.5 | 52wk High Date | 2024-02-01 |
| 52wk Low | 10.17 | 52wk Low Date | 2023-10-19 |
| Year End Close | 10.46 | Yield | 5.0002 |