Mutual Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
BLACKROCK ASIAN DRAGON FUND (NASDAQ:MAPCX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 Jun 6th, 2018 at 17.39
The short term trend has been DOWN since Jun 8th, 2018 at 17.36
Smart Scan Analysis for MAPCX
Based on a pre-defined weighted trend formula for chart analysis, MAPCX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||20.64||52wk High Date||2017-11-22|
|52wk Low||16.38||52wk Low Date||2017-12-06|
|Year End Close||17.15||Payment Date||2017-12-05|