Mutual Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
VANGUARD RUSSELL 1000 GROWTH INDEX FUND INST CL (NASDAQ:VRGWX)
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 VRGWX
The long term trend has been DOWN since Oct 11th, 2018 at 282.06
The intermediate term trend has been DOWN since Oct 5th, 2018 at 301.98
The short term trend has been UP since Nov 15th, 2018 at 278.56
Smart Scan Analysis for VRGWX
Based on a pre-defined weighted trend formula for chart analysis, VRGWX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||307.92||52wk High Date||2018-10-01|
|52wk Low||258.19||52wk Low Date||2017-11-17|
|Year End Close||265.2||Payment Date||2018-09-26|