Mutual Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
WELLS FARGO SMALL CO VALUE FUND CL A (NASDAQ:SCVAX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 SCVAX
The long term trend has been UP since Sep 27th, 2017 at 25.39
The intermediate term trend has been UP since Aug 20th, 2018 at 29.49
The short term trend has been DOWN since Aug 27th, 2018 at 29.91
Smart Scan Analysis for SCVAX
Based on a pre-defined weighted trend formula for chart analysis, SCVAX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||30||52wk High Date||2018-08-21|
|52wk Low||24.99||52wk Low Date||2017-09-21|
|Year End Close||27.21||Payment Date||2017-12-20|