Analyze Symbol

Mutual Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

CONVERGENCE MARKET NEUTRAL FUND - INSTL CL (NASDAQ:CPMNX)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

NASDAQ_CPMNX
Open High Low CPMNX Price Change
11.45 11.45 11.45 11.45 0.00
Entry Signal

MarketClub’s Trade Triangles for CPMNX

long term up The long term trend has been UP since Jul 3rd, 2017 at 10.29

intermediate term down The intermediate term trend has been DOWN since Oct 15th, 2018 at 11.45

short term down The short term trend has been DOWN since Oct 10th, 2018 at 11.62

Smart Scan Analysis for CPMNX

Based on a pre-defined weighted trend formula for chart analysis, CPMNX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CPMNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.45 11.45 11.45 11.45 0.00
Prev. Close Volume Bid Ask Time
11.45 0 2018-10-22 00:00:00
52wk High11.6752wk High Date2018-10-08
52wk Low10.5952wk Low Date2017-10-30
Year End Close10.81
Want to analyze CONVERGENCE MARKET NEUTRAL FUND - INSTL CL CPMNX or another symbol? Try our Free Mutual Trend Analysis Report.