Mutual Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
SMART TRUST TAX FREE INCOME TRUST SERIES 23 (NASDAQ:SMTFUX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 SMTFUX
The long term trend has been UP since May 2nd, 2017 at 8.5118
The intermediate term trend has been DOWN since Aug 10th, 2017 at 8.6516
The short term trend has been UP since Sep 13th, 2017 at 8.7302
Smart Scan Analysis for SMTFUX
Based on a pre-defined weighted trend formula for chart analysis, SMTFUX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8.83||52wk High Date||2017-08-01|
|52wk Low||8.17||52wk Low Date||2017-03-10|
|Year End Close||8.3679|