Mutual Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
SMART TRUST DEFENSIVE 50 EQUITIES TRUST SERIES 14 (NASDAQ:SMDFNX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 SMDFNX
The long term trend has been UP since Aug 3rd, 2018 at 9.7175
The intermediate term trend has been UP since Nov 6th, 2018 at 9.9941
The short term trend has been DOWN since Nov 12th, 2018 at 10.2376
Smart Scan Analysis for SMDFNX
Based on a pre-defined weighted trend formula for chart analysis, SMDFNX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.24||52wk High Date||2018-11-09|
|52wk Low||9.15||52wk Low Date||2018-05-18|
|Year End Close||10|