Mutual Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
WELLS FARGO ULTRA SHORT-TERM MUNICIPAL INCOME FUND - CLASS R6 (NASDAQ:WUSRX)
Sidelines Mode (-50) - WUSRX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until WUSRX can gain momentum.
Is it time to buy, sell, or avoid WUSRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for WUSRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WUSRX
The long-term trend has been UP since Jul 24th, 2020 at 9.59
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 9.62
The short-term trend has been DOWN since Feb 22nd, 2021 at 9.62
Smart Scan Analysis for WUSRX
Based on our trend formula, WUSRX is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.62||52wk High Date||2021-02-19|
|52wk Low||9.53||52wk Low Date||2020-04-30|
|Year End Close||9.61|