Mutual Trend Analysis Report
Prepared for you on Sunday, December 9, 2018.
ANCORA MICRO-CAP FUND CL I (NASDAQ:ANCIX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 ANCIX
The long term trend has been DOWN since Sep 6th, 2018 at 14.74
The intermediate term trend has been DOWN since Jul 30th, 2018 at 15.02
The short term trend has been UP since Nov 29th, 2018 at 12.51
Smart Scan Analysis for ANCIX
Based on a pre-defined weighted trend formula for chart analysis, ANCIX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||15.35||52wk High Date||2017-12-21|
|52wk Low||12.42||52wk Low Date||2018-11-20|
|Year End Close||14.09||Payment Date||2017-12-26|