Mutual Trend Analysis Report
Prepared for you on Monday, June 26, 2017.
GLOBAL IPO FUND (NASDAQ:IPOSX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 IPOSX
The long term trend has been UP since Feb 15th, 2017 at 14.87
The intermediate term trend has been UP since Apr 25th, 2017 at 14.93
The short term trend has been DOWN since Jun 9th, 2017 at 15.87
Smart Scan Analysis for IPOSX
Based on a pre-defined weighted trend formula for chart analysis, IPOSX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||16.21||52wk High Date||2017-06-19|
|52wk Low||13.1||52wk Low Date||2016-06-27|
|Year End Close||14.46|