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Mutual Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

OPPENHEIMER STEELPATH MLP INCOME FUND CL C (NASDAQ:MLPRX)

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_MLPRX
Open High Low MLPRX Price Change
5.01 5.01 5.01 5.01 -0.08
Entry Signal

MarketClub’s Trade Triangles for MLPRX

long term down The long term trend has been DOWN since Oct 24th, 2018 at 5.47

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2018 at 5.62

short term up The short term trend has been UP since Nov 26th, 2018 at 5.04

Smart Scan Analysis for MLPRX

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

-85
Smart Scan Analysis for MLPRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.01 5.01 5.01 5.01 -0.08
Prev. Close Volume Bid Ask Time
5.01 2018-12-07 00:00:00
52wk High6.5152wk High Date2018-01-23
52wk Low5.0252wk Low Date2018-11-20
Year End Close6.04Payment Date2018-11-28
Want to analyze OPPENHEIMER STEELPATH MLP INCOME FUND CL C MLPRX or another symbol? Try our Free Mutual Trend Analysis Report.