Mutual Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
HENNESSY FOCUS FUND INVEST CL (NASDAQ:HFCSX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 HFCSX
The long term trend has been DOWN since Feb 8th, 2018 at 84.43
The intermediate term trend has been DOWN since Feb 5th, 2018 at 89.72
The short term trend has been UP since Feb 12th, 2018 at 85.75
Smart Scan Analysis for HFCSX
Based on a pre-defined weighted trend formula for chart analysis, HFCSX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||92.59||52wk High Date||2018-01-26|
|52wk Low||75.48||52wk Low Date||2017-04-13|
|Year End Close||88.37||Payment Date||2017-12-07|