Mutual Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
NATIONWIDE S&P 500 INDEX FUND CLASS R6 (NASDAQ:GRMIX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 GRMIX
The long term trend has been DOWN since Oct 24th, 2018 at 16.42
The intermediate term trend has been UP since Jan 15th, 2019 at 13.60
The short term trend has been UP since Jan 15th, 2019 at 13.60
Smart Scan Analysis for GRMIX
Based on a pre-defined weighted trend formula for chart analysis, GRMIX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-09-20|
|52wk Low||12.31||52wk Low Date||2018-12-24|
|Year End Close||13.13||Payment Date||2009-06-22|