Mutual Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
OPPENHEIMER ROCHESTER NEW JERSEY MUNI FUND CL A (NASDAQ:ONJAX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 ONJAX
The long term trend has been DOWN since Oct 6th, 2016 at 9.67
The intermediate term trend has been UP since Jan 3rd, 2018 at 8.36
The short term trend has been UP since Jan 17th, 2018 at 8.32
Smart Scan Analysis for ONJAX
Based on a pre-defined weighted trend formula for chart analysis, ONJAX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.38||52wk High Date||2017-02-24|
|52wk Low||8.29||52wk Low Date||2017-12-20|
|Year End Close||8.35||Payment Date||2013-07-23|