Mutual Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
COLUMBIA ACORN EMERGING MARKETS FUND CL I2 (NASDAQ:CANRX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 CANRX
The long term trend has been DOWN since May 29th, 2018 at 13.13
The intermediate term trend has been UP since Nov 5th, 2018 at 11.27
The short term trend has been UP since Nov 15th, 2018 at 10.98
Smart Scan Analysis for CANRX
Based on a pre-defined weighted trend formula for chart analysis, CANRX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||14.39||52wk High Date||2018-01-26|
|52wk Low||10.57||52wk Low Date||2018-10-29|
|Year End Close||13.38|