Mutual Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
LMCG GLOBAL MARKET NEUTRAL FUND INVEST (NASDAQ:GMNRX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 GMNRX
The long term trend has been DOWN since May 22nd, 2017 at 10.63
The intermediate term trend has been DOWN since Jul 25th, 2017 at 10.58
The short term trend has been UP since Aug 1st, 2017 at 10.52
Smart Scan Analysis for GMNRX
Based on a pre-defined weighted trend formula for chart analysis, GMNRX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.2||52wk High Date||2017-11-03|
|52wk Low||10.5||52wk Low Date||2017-07-31|
|Year End Close||10.94|