Mutual Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 1649 UNDERVALUED TOP PICKS PORTF (NASDAQ:CUVANX)
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 CUVANX
The long term trend has been DOWN since Feb 14th, 2018 at 10.1951
The intermediate term trend has been UP since Aug 21st, 2018 at 10.4003
The short term trend has been DOWN since Aug 30th, 2018 at 10.4377
Smart Scan Analysis for CUVANX
Based on a pre-defined weighted trend formula for chart analysis, CUVANX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.5||52wk High Date||2018-01-23|
|52wk Low||9.6||52wk Low Date||2018-10-19|
|Year End Close||10.896|