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Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Western Asset Intermediate Bond Fund Class A (NASDAQ:WATAX)

Long-Term Downtrend (-90) - WATAX is in a strong downtrend that is likely to continue. While WATAX 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 WATAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for WATAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_WATAX
Open High Low WATAX Price Change
9.42 9.42 9.42 9.41 0.00
Entry Signal

MarketClub’s Trade Triangles for WATAX

long term down The long-term trend has been DOWN since Apr 5th, 2024 at 9.52

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2024 at 9.52

short term down The short-term trend has been DOWN since Apr 5th, 2024 at 9.53

Smart Scan Analysis for WATAX

Based on our trend formula, WATAX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for WATAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.42 9.42 9.42 9.41 0.00
Prev. Close Volume Bid Ask Time
9.39 0 9.42 9.82 2024-04-15 20:00:00
52wk High10.1252wk High Date2023-05-03
52wk Low9.1552wk Low Date2023-10-19
Year End Close9.68Yield3.5197
Payment Date2019-12-06
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