Mutual Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
SHENKMAN CAPITAL FLOATING RATE HIGH INCOME FUND INSTL CL (NASDAQ:SFHIX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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 SFHIX
The long term trend has been UP since Aug 24th, 2018 at 9.79
The intermediate term trend has been UP since Jul 19th, 2018 at 9.76
The short term trend has been DOWN since Oct 10th, 2018 at 9.81
Smart Scan Analysis for SFHIX
Based on a pre-defined weighted trend formula for chart analysis, SFHIX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.83||52wk High Date||2018-01-26|
|52wk Low||9.7||52wk Low Date||2018-07-02|
|Year End Close||9.74||Payment Date||2018-09-28|