Stock Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
Goldman Sachs MLP Energy Renaissance Fund (NYSE:GER)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 GER
The long term trend has been DOWN since Oct 23rd, 2018 at 6.04
The intermediate term trend has been UP since Jan 7th, 2019 at 5.11
The short term trend has been UP since Jan 15th, 2019 at 5.37
Smart Scan Analysis for GER
Based on a pre-defined weighted trend formula for chart analysis, GER scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||7.29||Year High Date||2018-01-24|
|Year Low||4.98||Year Low Date||2018-11-23|
|52wk High||7.29||52wk High Date||2018-01-24|
|52wk Low||4.98||52wk Low Date||2018-11-23|