Mutual Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
ABERDEEN INCOME CREDIT STRATEGIES FUND (NASDAQ:XACPX)
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 XACPX
The long term trend has been DOWN since Apr 2nd, 2018 at 14.84
The intermediate term trend has been DOWN since May 23rd, 2018 at 15.14
The short term trend has been UP since Jul 5th, 2018 at 14.82
Smart Scan Analysis for XACPX
Based on a pre-defined weighted trend formula for chart analysis, XACPX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||15.52||52wk High Date||2018-01-26|
|52wk Low||14.55||52wk Low Date||2017-11-15|
|Year End Close||14.99||Payment Date||2018-08-28|