Mutual Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 1407 ENERGY PORTFOLIO SERIES 20 (NASDAQ:CENPTX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 CENPTX
The long term trend has been DOWN since Mar 8th, 2017 at 13.6497
The intermediate term trend has been UP since Jul 19th, 2017 at 12.6546
The short term trend has been DOWN since Jul 31st, 2017 at 12.8020
Smart Scan Analysis for CENPTX
Based on a pre-defined weighted trend formula for chart analysis, CENPTX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||14.92||52wk High Date||2016-12-13|
|52wk Low||11.94||52wk Low Date||2017-08-17|
|Year End Close||14.5441|