Mutual Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
SMART TRUST CEFA SELECT BDC TRUST SERIES 11 (NASDAQ:SMBDKX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 SMBDKX
The long term trend has been DOWN since Dec 5th, 2017 at 9.9404
The intermediate term trend has been DOWN since Jan 30th, 2018 at 9.6077
The short term trend has been UP since Mar 29th, 2018 at 9.1058
Smart Scan Analysis for SMBDKX
Based on a pre-defined weighted trend formula for chart analysis, SMBDKX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.08||52wk High Date||2017-11-24|
|52wk Low||8.95||52wk Low Date||2018-04-25|
|Year End Close||9.6771|