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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Simplify Exchange Traded Funds Simplify High Yield PLUS Credit Hedge ETF (PACF:CDX)
Long-Term Downtrend (-90) - CDX is in a strong downtrend that is likely to continue. While CDX 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 CDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CDX
The long-term trend has been DOWN since Jul 10th, 2024 at 22.57
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 23.63
The short-term trend has been DOWN since Oct 15th, 2024 at 23.46
Smart Scan Analysis for CDX
Based on our trend formula, CDX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.56 | 23.53 | 23.32 | 23.53 | -0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.56 | 36619 | 2024-10-22 15:46:59 |
| 52wk High | 25.59 | 52wk High Date | 2024-06-24 |
| 52wk Low | 21.34 | 52wk Low Date | 2024-07-10 |
| Average Volume | 33,975 |