Mutual Trend Analysis Report
Prepared for you on Friday, August 17, 2018.
ADT 1706 CALIFORNIA MUNI CLOSED-END PORTFOLIO SERIES 2016-2 (NASDAQ:CACAIX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 CACAIX
The long term trend has been UP since Jul 2nd, 2018 at 7.6777
The intermediate term trend has been UP since May 8th, 2018 at 7.6108
The short term trend has been DOWN since Jul 23rd, 2018 at 7.6811
Smart Scan Analysis for CACAIX
Based on a pre-defined weighted trend formula for chart analysis, CACAIX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8.68||52wk High Date||2017-09-18|
|52wk Low||7.52||52wk Low Date||2018-04-25|
|Year End Close||8.2464||Payment Date||2018-06-25|