Mutual Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 1558 HEALTH CARE PORTFOLIO SERIES (NASDAQ:CHCRVX)
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 CHCRVX
The long term trend has been UP since Jan 31st, 2017 at 9.6288
The intermediate term trend has been UP since Jun 9th, 2017 at 10.6252
The short term trend has been DOWN since Jul 25th, 2017 at 11.3058
Smart Scan Analysis for CHCRVX
Based on a pre-defined weighted trend formula for chart analysis, CHCRVX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.43||52wk High Date||2017-09-12|
|52wk Low||9.56||52wk Low Date||2017-01-30|
|Year End Close||9.655|