Mutual Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 1520 ALTERNATIVE INCOME PORTFOLI (NASDAQ:CAIPGX)
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 CAIPGX
The long term trend has been DOWN since May 11th, 2017 at 9.7792
The intermediate term trend has been DOWN since Jan 29th, 2018 at 8.9518
The short term trend has been UP since Mar 26th, 2018 at 8.0860
Smart Scan Analysis for CAIPGX
Based on a pre-defined weighted trend formula for chart analysis, CAIPGX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.36||52wk High Date||2017-10-12|
|52wk Low||8.09||52wk Low Date||2018-03-23|
|Year End Close||8.9258|