Mutual Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
CLOSED-END STRATEGY: SENIOR LOAN & LTD DURATION PORTFOLIO 2016-3 (NASDAQ:ISLLUX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 ISLLUX
The long term trend has been DOWN since Jun 21st, 2017 at 10.2058
The intermediate term trend has been DOWN since Apr 25th, 2018 at 9.8339
The short term trend has been UP since Jul 5th, 2018 at 9.6367
Smart Scan Analysis for ISLLUX
Based on a pre-defined weighted trend formula for chart analysis, ISLLUX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.18||52wk High Date||2017-10-24|
|52wk Low||9.6||52wk Low Date||2018-07-16|
|Year End Close||9.8344||Payment Date||2018-06-25|