Mutual Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
JP MORGAN EMERGING MARKETS EQUITY FUND A (NASDAQ:JFAMX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 JFAMX
The long term trend has been DOWN since Apr 9th, 2018 at 28.61
The intermediate term trend has been UP since Jul 17th, 2018 at 27.52
The short term trend has been DOWN since Jul 18th, 2018 at 27.46
Smart Scan Analysis for JFAMX
Based on a pre-defined weighted trend formula for chart analysis, JFAMX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||31.76||52wk High Date||2018-01-26|
|52wk Low||23.89||52wk Low Date||2018-10-11|
|Year End Close||29.11|