Mutual Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
ALLSPRING INDEX ASSET ALLOCATION FUND CLASS C (NASDAQ:WFALX)
Long-Term Downtrend (-90) - WFALX is in a strong downtrend that is likely to continue. While WFALX 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 WFALX?
MarketClub looks at technical strength and momentum to determine if the timing is right for WFALX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WFALX
The long-term trend has been DOWN since Dec 9th, 2021 at 26.45
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 24.84
The short-term trend has been DOWN since Jun 8th, 2022 at 23.32
Smart Scan Analysis for WFALX
Based on our trend formula, WFALX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||28.05||52wk High Date||2021-11-08|
|52wk Low||21.75||52wk Low Date||2022-06-16|
|Year End Close||26.74||Payment Date||2020-03-26|