Mutual Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
VICTORY RS MID-CAP CORE GROWTH CL R6 (NASDAQ:RMORX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 RMORX
The long term trend has been UP since Nov 16th, 2016 at 21.53
The intermediate term trend has been DOWN since Oct 4th, 2018 at 30.17
The short term trend has been DOWN since Oct 1st, 2018 at 30.69
Smart Scan Analysis for RMORX
Based on a pre-defined weighted trend formula for chart analysis, RMORX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||30.69||52wk High Date||2018-09-28|
|52wk Low||25.51||52wk Low Date||2017-10-18|
|Year End Close||26.55|