Index Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
EATON VANCE OAKTREE DIVERSIFIED CREDIT N (NASDAQ:OKDCC.IV)
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 OKDCC.IV
The long term trend has been DOWN since Mar 13th, 2018 at 20.01
The intermediate term trend has been UP since May 22nd, 2018 at 10.06
The short term trend has been UP since Jun 18th, 2018 at 10.06
Smart Scan Analysis for OKDCC.IV
Based on a pre-defined weighted trend formula for chart analysis, OKDCC.IV scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).