Mutual Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
BLACKROCK ENHANCED GLOBAL DIVIDEND TRUST (NASDAQ:XBOEX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 XBOEX
The long term trend has been DOWN since Dec 15th, 2017 at 14.17
The intermediate term trend has been UP since Jul 9th, 2018 at 12.05
The short term trend has been DOWN since Jul 11th, 2018 at 12.05
Smart Scan Analysis for XBOEX
Based on a pre-defined weighted trend formula for chart analysis, XBOEX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||14.6||52wk High Date||2017-10-11|
|52wk Low||11.78||52wk Low Date||2018-06-27|
|Year End Close||13.22||Payment Date||2018-07-31|