Stock Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
SPDR Bloomberg Convertible Securities ETF (PACF:CWB)
Strong Downtrend (-100) - CWB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CWB continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CWB?
MarketClub looks at technical strength and momentum to determine if the timing is right for CWB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CWB
The long-term trend has been DOWN since Dec 1st, 2021 at 83.67
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 87.16
The short-term trend has been DOWN since Jan 14th, 2022 at 79.24
Smart Scan Analysis for CWB
Based on our trend formula, CWB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||54.99||Year High Date||2018-06-20|
|Year Low||48.72||Year Low Date||2018-10-29|
|52wk High||92.97||52wk High Date||2021-02-16|
|52wk Low||73.375||52wk Low Date||2022-01-24|
|Year End Close||40.3||Average Volume||1,341,400|