Mutual Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
ABSOLUTE CAPITAL OPPORTUNITIES FUND (NASDAQ:CAPOX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 CAPOX
The long term trend has been UP since Jul 12th, 2016 at 10.43
The intermediate term trend has been UP since Jun 11th, 2018 at 12.39
The short term trend has been DOWN since Jun 14th, 2018 at 12.39
Smart Scan Analysis for CAPOX
Based on a pre-defined weighted trend formula for chart analysis, CAPOX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12.87||52wk High Date||2018-02-26|
|52wk Low||10.99||52wk Low Date||2017-08-17|
|Year End Close||11.37|