Mutual Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
1290 DOUBLELINE DYNAMIC ALLOCATION FUND CL I (NASDAQ:TNVDX)
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 TNVDX
The long term trend has been UP since Feb 21st, 2017 at 10.79
The intermediate term trend has been UP since Jul 19th, 2017 at 11.12
The short term trend has been DOWN since Jul 24th, 2017 at 11.17
Smart Scan Analysis for TNVDX
Based on a pre-defined weighted trend formula for chart analysis, TNVDX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.48||52wk High Date||2017-12-13|
|52wk Low||10.44||52wk Low Date||2016-12-16|
|Year End Close||10.45||Payment Date||2017-12-14|