Mutual Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
GOLDMAN SACHS HIGH YIELD FLOATING RATE FUND C SHARES (NASDAQ:GFRCX)
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 GFRCX
The long term trend has been DOWN since Jun 21st, 2017 at 9.71
The intermediate term trend has been DOWN since Aug 11th, 2017 at 9.71
The short term trend has been UP since Aug 24th, 2017 at 9.67
Smart Scan Analysis for GFRCX
Based on a pre-defined weighted trend formula for chart analysis, GFRCX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.78||52wk High Date||2017-03-02|
|52wk Low||9.66||52wk Low Date||2016-11-14|
|Year End Close||9.73|