Mutual Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
HENNESSY FOCUS FUND INVEST CL (NASDAQ:HFCSX)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 UP since Jun 4th, 2018 at 89.90
The intermediate term trend has been UP since Aug 9th, 2018 at 91.86
The short term trend has been UP since Jul 31st, 2018 at 90.55
Smart Scan Analysis for HFCSX
Based on a pre-defined weighted trend formula for chart analysis, HFCSX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||92.59||52wk High Date||2018-01-26|
|52wk Low||79.29||52wk Low Date||2017-08-24|
|Year End Close||88.37||Payment Date||2017-12-07|