Mutual Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
CHESTNUT STREET EXCHANGE FUND (NASDAQ:CHNTX)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 CHNTX
The long term trend has been DOWN since Oct 24th, 2018 at 661.08
The intermediate term trend has been UP since Nov 7th, 2018 at 684.69
The short term trend has been UP since Nov 26th, 2018 at 656.17
Smart Scan Analysis for CHNTX
Based on a pre-defined weighted trend formula for chart analysis, CHNTX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||726.14||52wk High Date||2018-01-26|
|52wk Low||636.29||52wk Low Date||2018-04-02|
|Year End Close||674.71||Payment Date||2018-09-28|