Mutual Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
AMERICAN FUNDS COLLEGE FUND 2024 CL 529-E (NASDAQ:CTFEX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 CTFEX
The long term trend has been DOWN since Dec 26th, 2017 at 11.91
The intermediate term trend has been DOWN since Feb 2nd, 2018 at 11.93
The short term trend has been UP since Mar 26th, 2018 at 11.60
Smart Scan Analysis for CTFEX
Based on a pre-defined weighted trend formula for chart analysis, CTFEX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12.17||52wk High Date||2017-12-18|
|52wk Low||11.6||52wk Low Date||2018-03-23|
|Year End Close||11.88||Payment Date||2017-12-27|