Mutual Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
COLUMBIA SELIGMAN COMMUNICATIONS & INFORMATION FUND CL ADV (NASDAQ:SCIOX)
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 SCIOX
The long term trend has been UP since Mar 9th, 2018 at 77.76
The intermediate term trend has been UP since Aug 28th, 2018 at 76.26
The short term trend has been UP since Sep 13th, 2018 at 74.42
Smart Scan Analysis for SCIOX
Based on a pre-defined weighted trend formula for chart analysis, SCIOX scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||81.97||52wk High Date||2017-11-24|
|52wk Low||66.22||52wk Low Date||2018-02-08|
|Year End Close||68.62|