Mutual Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
SMART TRUST PORTFOLIO of CLOSED-END FUND OPPORTUNITIES TRUST SERIES (NASDAQ:SMCELX)
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 SMCELX
The long term trend has been DOWN since Jun 29th, 2017 at 9.8743
The intermediate term trend has been DOWN since Jan 10th, 2018 at 9.4174
The short term trend has been UP since Mar 27th, 2018 at 8.9375
Smart Scan Analysis for SMCELX
Based on a pre-defined weighted trend formula for chart analysis, SMCELX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.02||52wk High Date||2017-08-01|
|52wk Low||8.94||52wk Low Date||2018-02-08|
|Year End Close||9.4952|