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Mutual Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

BLACKROCK NAT RESOURCE I (NASDAQ:MAGRX)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

NASDAQ_MAGRX
Open High Low MAGRX Price Change
32.08 32.08 32.08 32.08 +0.40
Entry Signal

MarketClub’s Trade Triangles for MAGRX

long term down The long term trend has been DOWN since Aug 15th, 2018 at 31.79

intermediate term down The intermediate term trend has been DOWN since Jul 11th, 2018 at 32.21

short term up The short term trend has been UP since Sep 11th, 2018 at 30.94

Smart Scan Analysis for MAGRX

Based on a pre-defined weighted trend formula for chart analysis, MAGRX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for MAGRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.08 32.08 32.08 32.08 +0.40
Prev. Close Volume Bid Ask Time
32.08 2018-09-19 00:00:00
52wk High34.6652wk High Date2018-01-12
52wk Low30.0152wk Low Date2018-03-28
Year End Close32.83Payment Date2017-12-05
Want to analyze BLACKROCK NAT RESOURCE I MAGRX or another symbol? Try our Free Mutual Trend Analysis Report.