Mutual Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
BLACKROCK STRATEGIC MUNI OPPORTUNITIES FUND CL A (NASDAQ:MEMTX)
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 MEMTX
The long term trend has been DOWN since Sep 6th, 2018 at 11.70
The intermediate term trend has been DOWN since Aug 1st, 2018 at 11.75
The short term trend has been UP since Oct 15th, 2018 at 11.51
Smart Scan Analysis for MEMTX
Based on a pre-defined weighted trend formula for chart analysis, MEMTX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.79||52wk High Date||2017-12-06|
|52wk Low||11.51||52wk Low Date||2018-10-10|
|Year End Close||11.74||Payment Date||2016-12-12|