Mutual Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
CLAYMORE SECURITY DEFINED 584 CLAYMORE/GUGGENHEIM LONG-TERM NATIONAL MUNI TRUST SERIES 1 (NASDAQ:CGLTAX)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 CGLTAX
The long term trend has been DOWN since Feb 4th, 2015 at 880.640015
The intermediate term trend has been DOWN since Dec 20th, 2017 at 452.489990
The short term trend has been DOWN since Jan 18th, 2018 at 388.029999
Smart Scan Analysis for CGLTAX
Based on a pre-defined weighted trend formula for chart analysis, CGLTAX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||678.41||52wk High Date||2017-02-08|
|52wk Low||387.7||52wk Low Date||2018-01-19|
|Year End Close||453.600006||Yield||4.44|