Mutual Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
US GLOBAL INVESTORS FUNDS HOLMES MACRO TRENDS FUND (NASDAQ:MEGAX)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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.
MarketClub’s Trade Triangles for MEGAX
The long term trend has been DOWN since Oct 4th, 2018 at 19.44
The intermediate term trend has been UP since Nov 5th, 2018 at 18.52
The short term trend has been UP since Nov 23rd, 2018 at 18.09
Smart Scan Analysis for MEGAX
Based on a pre-defined weighted trend formula for chart analysis, MEGAX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||22.26||52wk High Date||2017-12-18|
|52wk Low||17.28||52wk Low Date||2018-10-24|
|Year End Close||19.52||Payment Date||2017-12-22|