Mutual Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
SEQUOIA FUND (NASDAQ:SEQUX)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SEQUX
The long term trend has been UP since Jun 5th, 2018 at 181.34
The intermediate term trend has been UP since Aug 24th, 2018 at 188.27
The short term trend has been UP since Sep 10th, 2018 at 186.35
Smart Scan Analysis for SEQUX
Based on a pre-defined weighted trend formula for chart analysis, SEQUX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||191.84||52wk High Date||2018-08-29|
|52wk Low||162.95||52wk Low Date||2017-11-15|
|Year End Close||169.56||Payment Date||2018-06-11|