Mutual Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 1339 GUGGENHEIM SHORT DURATION H (NASDAQ:CGSYQX)
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 CGSYQX
The long term trend has been DOWN since Jan 11th, 2017 at 908.270020
The intermediate term trend has been DOWN since Aug 14th, 2018 at 609.210022
The short term trend has been DOWN since Aug 27th, 2018 at 587.419968
Smart Scan Analysis for CGSYQX
Based on a pre-defined weighted trend formula for chart analysis, CGSYQX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||776.76||52wk High Date||2017-10-24|
|52wk Low||581.46||52wk Low Date||2018-10-11|
|Year End Close||773.12||Yield||5.89|