Mutual Trend Analysis Report
Prepared for you on Tuesday, January 16, 2018.
JP MORGAN MID-CAP EQUITY FUND CL A (NASDAQ:JCMAX)
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 JCMAX
The long term trend has been UP since Nov 15th, 2016 at 44.97
The intermediate term trend has been UP since Jul 12th, 2017 at 48.86
The short term trend has been DOWN since Jul 27th, 2017 at 49.49
Smart Scan Analysis for JCMAX
Based on a pre-defined weighted trend formula for chart analysis, JCMAX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||52.87||52wk High Date||2017-11-30|
|52wk Low||44.45||52wk Low Date||2017-01-19|
|Year End Close||50.16|