Mutual Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
T ROWE PRICE BLUE CHIP GROWTH FUND-R CL (NASDAQ:RRBGX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 RRBGX
The long term trend has been UP since Nov 25th, 2016 at 70.50
The intermediate term trend has been UP since Apr 17th, 2018 at 98.80
The short term trend has been DOWN since May 14th, 2018 at 102.05
Smart Scan Analysis for RRBGX
Based on a pre-defined weighted trend formula for chart analysis, RRBGX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||108.65||52wk High Date||2018-07-25|
|52wk Low||84.97||52wk Low Date||2017-08-21|
|Year End Close||91.63||Payment Date||2017-12-15|