Mutual Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
HIGHLAND MERGER ARBITRAGE FUND CLASS A (NASDAQ:HMEAX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 HMEAX
The long term trend has been DOWN since Dec 20th, 2018 at 20.45
The intermediate term trend has been UP since Jan 14th, 2019 at 18.08
The short term trend has been DOWN since Jan 17th, 2019 at 18.08
Smart Scan Analysis for HMEAX
Based on a pre-defined weighted trend formula for chart analysis, HMEAX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-11-12|
|52wk Low||17.56||52wk Low Date||2018-12-24|
|Year End Close||18.04||Payment Date||2017-12-21|