Mutual Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
THE GAMCO GLOBAL TELECOM FUND CL I (NASDAQ:GTTIX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 GTTIX
The long term trend has been UP since Jul 7th, 2018 at 21.36
The intermediate term trend has been UP since Sep 20th, 2018 at 21.55
The short term trend has been DOWN since Sep 24th, 2018 at 21.72
Smart Scan Analysis for GTTIX
Based on a pre-defined weighted trend formula for chart analysis, GTTIX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||23.37||52wk High Date||2017-12-22|
|52wk Low||20.12||52wk Low Date||2018-05-29|
|Year End Close||21.75||Payment Date||2017-12-27|