Mutual Trend Analysis Report
Prepared for you on Tuesday, March 20, 2018.
RIVERNORTH/DOUBLELINE STRATEGIC INCOME FUND CL R (NASDAQ:RNDLX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 RNDLX
The long term trend has been UP since Feb 6th, 2017 at 10.58
The intermediate term trend has been DOWN since Jun 29th, 2017 at 10.66
The short term trend has been UP since Jul 31st, 2017 at 10.64
Smart Scan Analysis for RNDLX
Based on a pre-defined weighted trend formula for chart analysis, RNDLX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.7||52wk High Date||2017-08-28|
|52wk Low||10.24||52wk Low Date||2018-03-05|
|Year End Close||10.42||Payment Date||2018-02-28|