Mutual Trend Analysis Report
Prepared for you on Sunday, October 25, 2020.
XAI OCTAGON FLOATING RATE ALTERNATIVE INCOME TERM TRUST (NASDAQ:XFLTX)
Strong Uptrend (+100) - XFLTX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XFLTX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid XFLTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for XFLTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XFLTX
The long-term trend has been UP since Jul 6th, 2020 at 5.88
The intermediate-term trend has been UP since Apr 13th, 2020 at 5.03
The short-term trend has been UP since Oct 15th, 2020 at 6.62
Smart Scan Analysis for XFLTX
Based on our trend formula, XFLTX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.37||52wk High Date||2019-09-17|
|52wk Low||4.51||52wk Low Date||2020-03-25|
|Year End Close||9.71||Assets||105,936,385M|