Mutual Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
JP MORGAN EMERGING ECONOMIES FUND CL R5 (NASDAQ:JEERX)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 JEERX
The long term trend has been DOWN since Apr 25th, 2018 at 14.97
The intermediate term trend has been DOWN since Mar 22nd, 2018 at 15.77
The short term trend has been DOWN since Jul 11th, 2018 at 13.66
Smart Scan Analysis for JEERX
Based on a pre-defined weighted trend formula for chart analysis, JEERX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||16.59||52wk High Date||2018-01-26|
|52wk Low||12.2||52wk Low Date||2018-10-11|
|Year End Close||15.17|