Mutual Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
Western Asset Intermediate Bond Fund Class IS (NASDAQ:WABSX)
Strong Downtrend (-100) - WABSX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid WABSX?
MarketClub looks at technical strength and momentum to determine if the timing is right for WABSX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WABSX
The long-term trend has been DOWN since Dec 7th, 2020 at 11.56
The intermediate-term trend has been DOWN since Jun 16th, 2021 at 11.17
The short-term trend has been DOWN since Jun 14th, 2021 at 11.22
Smart Scan Analysis for WABSX
Based on our trend formula, WABSX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.69||52wk High Date||2020-12-03|
|52wk Low||11.09||52wk Low Date||2021-03-18|
|Year End Close||11.41||Yield||2.244|