Mutual Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
SMART TRUST PORTFOLIO of CLOSED-END FUND OPPORTUNITIES TRUST SERIES (NASDAQ:SMCEMX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 SMCEMX
The long term trend has been DOWN since Oct 4th, 2018 at 9.2348
The intermediate term trend has been DOWN since Sep 7th, 2018 at 9.3199
The short term trend has been UP since Nov 23rd, 2018 at 8.4218
Smart Scan Analysis for SMCEMX
Based on a pre-defined weighted trend formula for chart analysis, SMCEMX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.01||52wk High Date||2017-12-01|
|52wk Low||8.42||52wk Low Date||2018-11-20|
|Year End Close||9.8212|