Mutual Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
SMART TRUST CEFA SELECT BDC TRUST SERIES 11 (NASDAQ:SMBDKX)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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 SMBDKX
The long term trend has been DOWN since Sep 7th, 2018 at 9.3196
The intermediate term trend has been DOWN since Aug 14th, 2018 at 9.4391
The short term trend has been DOWN since Sep 24th, 2018 at 9.4476
Smart Scan Analysis for SMBDKX
Based on a pre-defined weighted trend formula for chart analysis, SMBDKX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.08||52wk High Date||2017-11-24|
|52wk Low||8.82||52wk Low Date||2018-10-22|
|Year End Close||9.6771|