Mutual Trend Analysis Report
Prepared for you on Friday, August 17, 2018.
BLACKROCK ASIAN DRAGON FUND (NASDAQ:MAPCX)
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 MAPCX
The long term trend has been DOWN since Dec 4th, 2017 at 19.00
The intermediate term trend has been UP since Jul 25th, 2018 at 15.92
The short term trend has been DOWN since Aug 10th, 2018 at 15.72
Smart Scan Analysis for MAPCX
Based on a pre-defined weighted trend formula for chart analysis, MAPCX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||20.64||52wk High Date||2017-11-22|
|52wk Low||15.01||52wk Low Date||2018-08-15|
|Year End Close||17.15||Payment Date||2018-07-20|