Mutual Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
WESTERN ASSET CORE BOND FUND CLASS I (NASDAQ:WATFX)
Bull Market Weakness (+75) - WATFX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on WATFX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid WATFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for WATFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WATFX
The long-term trend has been DOWN since Dec 15th, 2020 at 13.61
The intermediate-term trend has been UP since Apr 6th, 2021 at 13.11
The short-term trend has been UP since Apr 1st, 2021 at 13.05
Smart Scan Analysis for WATFX
Based on our trend formula, WATFX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.9||52wk High Date||2020-08-10|
|52wk Low||12.99||52wk Low Date||2021-03-18|
|Year End Close||13.65||Yield||1.885|