Mutual Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
JP MORGAN RESEARCH MARKET NEUTRAL FUND CL A (NASDAQ:JMNAX)
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 JMNAX
The long term trend has been DOWN since Dec 13th, 2017 at 14.45
The intermediate term trend has been UP since May 9th, 2018 at 14.32
The short term trend has been UP since May 24th, 2018 at 14.26
Smart Scan Analysis for JMNAX
Based on a pre-defined weighted trend formula for chart analysis, JMNAX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||14.76||52wk High Date||2017-11-07|
|52wk Low||14.1||52wk Low Date||2018-02-08|
|Year End Close||14.22|