Mutual Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
HENNESSY BALANCED FUND INVEST (NASDAQ:HBFBX)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 HBFBX
The long term trend has been DOWN since Dec 7th, 2017 at 12.65
The intermediate term trend has been UP since Apr 16th, 2018 at 12.19
The short term trend has been UP since Jun 22nd, 2018 at 12.21
Smart Scan Analysis for HBFBX
Based on a pre-defined weighted trend formula for chart analysis, HBFBX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||13.09||52wk High Date||2017-12-04|
|52wk Low||11.93||52wk Low Date||2018-02-08|
|Year End Close||12.28||Payment Date||2018-03-29|