Mutual Trend Analysis Report
Prepared for you on Monday, December 18, 2017.
COLUMBIA LTD DURATION CREDIT K (NASDAQ:CLDRX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 CLDRX
The long term trend has been DOWN since Nov 9th, 2017 at 9.88
The intermediate term trend has been DOWN since Sep 18th, 2017 at 9.90
The short term trend has been UP since Nov 22nd, 2017 at 9.85
Smart Scan Analysis for CLDRX
Based on a pre-defined weighted trend formula for chart analysis, CLDRX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.92||52wk High Date||2017-09-05|
|52wk Low||9.78||52wk Low Date||2016-12-15|
|Year End Close||9.81|