Mutual Trend Analysis Report
Prepared for you on Monday, June 26, 2017.
ALLIANZGI CONV FUND CL A (NASDAQ:ANZAX)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 ANZAX
The long term trend has been UP since Dec 8th, 2016 at 31.21
The intermediate term trend has been UP since Mar 29th, 2017 at 32.11
The short term trend has been UP since Jun 13th, 2017 at 33.09
Smart Scan Analysis for ANZAX
Based on a pre-defined weighted trend formula for chart analysis, ANZAX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||33.4||52wk High Date||2017-06-08|
|52wk Low||28.53||52wk Low Date||2016-06-27|
|Year End Close||30.87||Payment Date||2017-06-22|