Mutual Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
AMERICAN BEACON THE LONDON CO INCOME EQUITY FUND INSTL CL (NASDAQ:ABCIX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 DOWN since Mar 23rd, 2018 at 16.31
The intermediate term trend has been UP since Apr 16th, 2018 at 16.74
The short term trend has been DOWN since Apr 19th, 2018 at 16.81
Smart Scan Analysis for ABCIX
Based on a pre-defined weighted trend formula for chart analysis, ABCIX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||18.19||52wk High Date||2018-01-26|
|52wk Low||15.91||52wk Low Date||2017-08-18|
|Year End Close||17.18||Payment Date||2018-06-04|