Mutual Trend Analysis Report
Prepared for you on Friday, June 23, 2017.
VANGUARD ENERGY FUND ADMIRAL SHARES (NASDAQ:VGELX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 VGELX
The long term trend has been DOWN since Mar 8th, 2017 at 96.47
The intermediate term trend has been DOWN since Apr 19th, 2017 at 94.23
The short term trend has been UP since Jun 12th, 2017 at 92.28
Smart Scan Analysis for VGELX
Based on a pre-defined weighted trend formula for chart analysis, VGELX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||105.42||52wk High Date||2016-12-13|
|52wk Low||87.93||52wk Low Date||2016-06-27|
|Year End Close||100.69||Payment Date||2017-03-29|