Mutual Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
MAINSTAY INCOME BUILDER FUND CL R6 (NASDAQ:MTODX)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 MTODX
The long term trend has been DOWN since Oct 11th, 2018 at 18.89
The intermediate term trend has been UP since Nov 7th, 2018 at 18.98
The short term trend has been UP since Nov 26th, 2018 at 18.67
Smart Scan Analysis for MTODX
Based on a pre-defined weighted trend formula for chart analysis, MTODX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||19.54||52wk High Date||2018-08-29|
|52wk Low||18.6||52wk Low Date||2018-10-29|
|Year End Close||19.08||Payment Date||2018-11-30|