Mutual Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
MAINSTAY MACKAY S&P 500 INDEX FUND CL A (NASDAQ:MSXAX)
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 MSXAX
The long term trend has been DOWN since Dec 5th, 2017 at 50.77
The intermediate term trend has been UP since Apr 16th, 2018 at 48.06
The short term trend has been DOWN since May 25th, 2018 at 49.23
Smart Scan Analysis for MSXAX
Based on a pre-defined weighted trend formula for chart analysis, MSXAX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||54.88||52wk High Date||2017-11-30|
|52wk Low||46.43||52wk Low Date||2018-02-08|
|Year End Close||48.04||Payment Date||2017-12-05|