Mutual Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
WESTERN ASSET INTERMEDIATE BOND FUND CLASS C (NASDAQ:WATCX)
Crossroads (+60) - WATCX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for WATCX
The long-term trend has been DOWN since Dec 7th, 2020 at 11.57
The intermediate-term trend has been UP since Apr 8th, 2021 at 11.15
The short-term trend has been UP since Apr 1st, 2021 at 11.12
Smart Scan Analysis for WATCX
Based on our trend formula, WATCX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.7||52wk High Date||2020-08-06|
|52wk Low||11.1||52wk Low Date||2021-03-08|
|Year End Close||11.42||Yield||0.9333|