Mutual Trend Analysis Report
Prepared for you on Saturday, March 17, 2018.
AMERICAN BEACON THE LONDON CO INCOME EQUITY FUND INSTL CL (NASDAQ:ABCIX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ABCIX
The long term trend has been UP since Dec 7th, 2016 at 15.29
The intermediate term trend has been UP since Feb 26th, 2018 at 17.45
The short term trend has been DOWN since Feb 28th, 2018 at 17.27
Smart Scan Analysis for ABCIX
Based on a pre-defined weighted trend formula for chart analysis, ABCIX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||18.19||52wk High Date||2018-01-26|
|52wk Low||15.71||52wk Low Date||2017-04-13|
|Year End Close||17.18||Payment Date||2018-03-02|