Mutual Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
DOUBLELINE OPPORTUNISTIC CREDIT FD (NASDAQ:XDBLX)
Long-Term Downtrend (-90) - XDBLX is in a strong downtrend that is likely to continue. While XDBLX 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 XDBLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDBLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XDBLX
The long-term trend has been DOWN since Aug 11th, 2021 at 19.50
The intermediate-term trend has been DOWN since Sep 16th, 2021 at 19.49
The short-term trend has been DOWN since Jun 9th, 2022 at 16.53
Smart Scan Analysis for XDBLX
Based on our trend formula, XDBLX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||19.72||52wk High Date||2021-07-08|
|52wk Low||16.01||52wk Low Date||2022-06-21|
|Year End Close||18.85||Payment Date||2022-01-31|