Mutual Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
SMART TRUST PORTFOLIO of CLOSED-END FUND OPPORTUNITIES TRUST SERIES (NASDAQ:SMCELX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 Sep 26th, 2018 at 9.0327
The intermediate term trend has been DOWN since Sep 7th, 2018 at 9.0769
The short term trend has been UP since Nov 28th, 2018 at 8.3925
Smart Scan Analysis for SMCELX
Based on a pre-defined weighted trend formula for chart analysis, SMCELX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.5||52wk High Date||2017-12-05|
|52wk Low||8.34||52wk Low Date||2018-11-21|
|Year End Close||9.4952|