Stock Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
MEXICO FUND COMMON (NYSE:MXF)
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 MXF
The long term trend has been UP since Aug 7th, 2018 at 16.682
The intermediate term trend has been DOWN since Oct 8th, 2018 at 15.750
The short term trend has been DOWN since Oct 12th, 2018 at 15.450
Smart Scan Analysis for MXF
Based on a pre-defined weighted trend formula for chart analysis, MXF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||17.24||Year High Date||2018-01-26|
|Year Low||14.03||Year Low Date||2018-06-05|
|52wk High||17.24||52wk High Date||2018-01-26|
|52wk Low||14.03||52wk Low Date||2018-06-05|
|Year End Close||29.02||Average Volume||36,409|