Mutual Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
GLOBAL IPO FUND (NASDAQ:IPOSX)
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 IPOSX
The long term trend has been DOWN since Dec 11th, 2017 at 16.02
The intermediate term trend has been UP since Jan 8th, 2018 at 16.15
The short term trend has been UP since Jan 19th, 2018 at 16.48
Smart Scan Analysis for IPOSX
Based on a pre-defined weighted trend formula for chart analysis, IPOSX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||17.2||52wk High Date||2017-12-08|
|52wk Low||11.81||52wk Low Date||2018-03-13|
|Year End Close||15.85|