Mutual Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
INVESCO ALL CAP MARKET NEUTRAL FUND CL R (NASDAQ:CPNRX)
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.
MarketClub’s Trade Triangles for CPNRX
The long term trend has been UP since Aug 23rd, 2018 at 8.34
The intermediate term trend has been DOWN since Nov 19th, 2018 at 8.39
The short term trend has been DOWN since Nov 26th, 2018 at 8.33
Smart Scan Analysis for CPNRX
Based on a pre-defined weighted trend formula for chart analysis, CPNRX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.6||52wk High Date||2017-12-07|
|52wk Low||8.09||52wk Low Date||2018-07-27|
|Year End Close||8.27|