Mutual Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
ADT 1798 COHEN & STEERS MLP MIDSTREAM & ENERGY INCOME CLOSED-END PORTF (NASDAQ:MLPCIX)
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.
MarketClub’s Trade Triangles for MLPCIX
The long term trend has been DOWN since Sep 24th, 2018 at 8.6685
The intermediate term trend has been DOWN since Aug 29th, 2018 at 9.0594
The short term trend has been UP since Sep 28th, 2018 at 8.5694
Smart Scan Analysis for MLPCIX
Based on a pre-defined weighted trend formula for chart analysis, MLPCIX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.59||52wk High Date||2018-01-26|
|52wk Low||7.9||52wk Low Date||2018-03-28|
|Year End Close||9.627||Payment Date||2018-10-25|