Mutual Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
INVESCO GLOBAL MARKET NEUTRAL FUND CL Y (NASDAQ:MKNYX)
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 MKNYX
The long term trend has been DOWN since Mar 21st, 2017 at 10.03
The intermediate term trend has been UP since Jul 10th, 2017 at 9.91
The short term trend has been DOWN since Aug 17th, 2017 at 9.99
Smart Scan Analysis for MKNYX
Based on a pre-defined weighted trend formula for chart analysis, MKNYX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.23||52wk High Date||2017-11-02|
|52wk Low||9.79||52wk Low Date||2017-06-27|
|Year End Close||10.03|