Mutual Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
WESTWOOD MLP & STRATEGIC ENERGY FUND INSTL SHARES (NASDAQ:WMLPX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 WMLPX
The long term trend has been DOWN since Sep 27th, 2018 at 7.12
The intermediate term trend has been DOWN since Aug 15th, 2018 at 7.37
The short term trend has been UP since Oct 1st, 2018 at 7.12
Smart Scan Analysis for WMLPX
Based on a pre-defined weighted trend formula for chart analysis, WMLPX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7.7||52wk High Date||2018-01-23|
|52wk Low||6.35||52wk Low Date||2018-03-28|
|Year End Close||7.24|