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Mutual Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

INVESCO GLOBAL MARKET NEUTRAL FUND CL A (NASDAQ:MKNAX)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

NASDAQ_MKNAX
Open High Low MKNAX Price Change
9.06 9.06 9.06 9.06 -0.02
Entry Signal

MarketClub’s Trade Triangles for MKNAX

long term down The long term trend has been DOWN since Nov 22nd, 2017 at 9.83

intermediate term down The intermediate term trend has been DOWN since Mar 22nd, 2018 at 9.06

short term up The short term trend has been UP since Mar 26th, 2018 at 9.06

Smart Scan Analysis for MKNAX

Based on a pre-defined weighted trend formula for chart analysis, MKNAX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for MKNAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.06 9.06 9.06 9.06 -0.02
Prev. Close Volume Bid Ask Time
9.06 0 2018-06-22 00:00:00
52wk High10.1552wk High Date2017-10-26
52wk Low9.0352wk Low Date2018-04-02
Year End Close9.21
Want to analyze INVESCO GLOBAL MARKET NEUTRAL FUND CL A MKNAX or another symbol? Try our Free Mutual Trend Analysis Report.