Mutual Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
COLUMBIA SELIGMAN COMMUNICATIONS & INFORMATION FUND CL ADV (NASDAQ:SCIOX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SCIOX
The long term trend has been DOWN since Dec 8th, 2017 at 71.15
The intermediate term trend has been UP since Feb 26th, 2018 at 73.02
The short term trend has been UP since Mar 2nd, 2018 at 73.37
Smart Scan Analysis for SCIOX
Based on a pre-defined weighted trend formula for chart analysis, SCIOX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||81.97||52wk High Date||2017-11-24|
|52wk Low||64.33||52wk Low Date||2017-03-23|
|Year End Close||68.62|