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Mutual Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Western Asset Intermediate Bond Fund Class C (NASDAQ:WATCX)

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

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

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

NASDAQ_WATCX
Open High Low WATCX Price Change
9.43 9.43 9.43 9.44 0.00
Entry Signal

MarketClub’s Trade Triangles for WATCX

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

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

short term down The short-term trend has been DOWN since Apr 5th, 2024 at 9.54

Smart Scan Analysis for WATCX

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

-90
Smart Scan Analysis for WATCX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.43 9.43 9.43 9.44 0.00
Prev. Close Volume Bid Ask Time
9.40 0 9.43 9.46 2024-04-15 20:00:00
52wk High9.7552wk High Date2023-05-03
52wk Low9.1652wk Low Date2023-10-19
Year End Close9.69Yield2.6977
Payment Date2019-12-06
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