Mutual Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
WESTERN ASSET MIDDLE MARKET DEBT FUND INC (NASDAQ:XWAMX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 XWAMX
The long term trend has been DOWN since Apr 3rd, 2017 at 781.52
The intermediate term trend has been DOWN since Jun 20th, 2017 at 786.60
The short term trend has been DOWN since Aug 4th, 2017 at 771.18
Smart Scan Analysis for XWAMX
Based on a pre-defined weighted trend formula for chart analysis, XWAMX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||807.04||52wk High Date||2017-03-21|
|52wk Low||732.58||52wk Low Date||2017-12-29|
|Year End Close||732.58||Payment Date||2017-12-29|