Mutual Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
WF DISCOVERY FUND - R6 (NASDAQ:WFDRX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 WFDRX
The long term trend has been DOWN since Dec 13th, 2017 at 37.42
The intermediate term trend has been UP since Jan 8th, 2018 at 36.01
The short term trend has been UP since Jan 2nd, 2018 at 35.23
Smart Scan Analysis for WFDRX
Based on a pre-defined weighted trend formula for chart analysis, WFDRX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||40.92||52wk High Date||2017-11-24|
|52wk Low||32.71||52wk Low Date||2017-01-17|
|Year End Close||35.23||Payment Date||2017-12-14|