Mutual Trend Analysis Report
Prepared for you on Friday, September 21, 2018.
JP MORGAN MID-CAP EQUITY FUND CL A (NASDAQ:JCMAX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 Jun 6th, 2018 at 52.54
The intermediate term trend has been DOWN since Jun 27th, 2018 at 51.81
The short term trend has been UP since Jul 2nd, 2018 at 51.57
Smart Scan Analysis for JCMAX
Based on a pre-defined weighted trend formula for chart analysis, JCMAX scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||55.22||52wk High Date||2018-08-29|
|52wk Low||48.47||52wk Low Date||2018-02-08|
|Year End Close||50.16|