Mutual Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 1407 ENERGY PORTFOLIO SERIES 20 (NASDAQ:CENPTX)
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 CENPTX
The long term trend has been UP since Sep 13th, 2017 at 12.8708
The intermediate term trend has been UP since Nov 1st, 2017 at 13.3730
The short term trend has been UP since Dec 18th, 2017 at 13.7084
Smart Scan Analysis for CENPTX
Based on a pre-defined weighted trend formula for chart analysis, CENPTX scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||15.3849||52wk High Date||2018-01-12|
|52wk Low||11.94||52wk Low Date||2017-08-17|
|Year End Close||14.4895|