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Mutual Trend Analysis Report

Prepared for you on Tuesday, November 20, 2018.


Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

Open High Low MAGRX Price Change
29.45 29.45 29.45 29.45 -0.22
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 Oct 10th, 2018 at 31.53

short term down The short term trend has been DOWN since Nov 19th, 2018 at 29.67

Smart Scan Analysis for MAGRX

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

Smart Scan Analysis for MAGRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.45 29.45 29.45 29.45 -0.22
Prev. Close Volume Bid Ask Time
29.45 2018-11-20 00:00:00
52wk High34.6652wk High Date2018-01-12
52wk Low28.9952wk Low Date2018-10-29
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.