Mutual Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
ALLSPRING TARGET 2020 FUND CLASS R6 (NASDAQ:WFOBX)
Bear Market Rally (-75) - WFOBX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on WFOBX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid WFOBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for WFOBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WFOBX
The long-term trend has been DOWN since Dec 14th, 2021 at 13.46
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 11.60
The short-term trend has been UP since Jun 22nd, 2022 at 10.65
Smart Scan Analysis for WFOBX
Based on our trend formula, WFOBX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.91||52wk High Date||2021-11-09|
|52wk Low||10.58||52wk Low Date||2022-06-14|
|Year End Close||12.42||Payment Date||2019-12-13|