Mutual Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
LEGG MASON BW INTL OPPORTUNITIES BOND FUND CL R (NASDAQ:LWORX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 LWORX
The long term trend has been UP since Mar 16th, 2017 at 11.07
The intermediate term trend has been UP since May 15th, 2017 at 11.35
The short term trend has been DOWN since Aug 4th, 2017 at 12.00
Smart Scan Analysis for LWORX
Based on a pre-defined weighted trend formula for chart analysis, LWORX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12.22||52wk High Date||2017-09-08|
|52wk Low||10.49||52wk Low Date||2017-01-03|
|Year End Close||10.59|