Mutual Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
COLUMBIA CONTRARIAN CORE FUND CL I2 (NASDAQ:COFRX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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 COFRX
The long term trend has been UP since Jul 9th, 2018 at 26.70
The intermediate term trend has been UP since Jul 9th, 2018 at 26.65
The short term trend has been DOWN since Oct 4th, 2018 at 28.16
Smart Scan Analysis for COFRX
Based on a pre-defined weighted trend formula for chart analysis, COFRX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||28.23||52wk High Date||2018-01-26|
|52wk Low||25.07||52wk Low Date||2018-04-02|
|Year End Close||26.27|