Mutual Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
THORNBURG CALIFORNIA LTD TERM MUNI FUND CL C (NASDAQ:LTCCX)
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 LTCCX
The long term trend has been DOWN since Nov 10th, 2017 at 13.76
The intermediate term trend has been DOWN since Sep 19th, 2017 at 13.85
The short term trend has been DOWN since Mar 6th, 2018 at 13.55
Smart Scan Analysis for LTCCX
Based on a pre-defined weighted trend formula for chart analysis, LTCCX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||13.88||52wk High Date||2017-09-07|
|52wk Low||13.44||52wk Low Date||2018-04-25|
|Year End Close||13.67|