Stock Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
SPDR Portfolio Long Term Corporate Bond ETF (PACF:SPLB)
Sidelines Mode (-50) - SPLB is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPLB can gain momentum.
Is it time to buy, sell, or avoid SPLB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPLB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPLB
The long-term trend has been UP since Jul 1st, 2020 at 31.7000
The intermediate-term trend has been DOWN since Aug 12th, 2020 at 32.9300
The short-term trend has been DOWN since Sep 18th, 2020 at 32.1536
Smart Scan Analysis for SPLB
Based on our trend formula, SPLB is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||28.6||Year High Date||2018-01-17|
|Year Low||24.8||Year Low Date||2018-11-15|
|52wk High||33.7099||52wk High Date||2020-08-07|
|52wk Low||23.3||52wk Low Date||2020-03-19|
|Average Volume||470,832||Shares Outstanding||6,000|