Stock Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
WESTERN ASSET CORPORATE LOAN FUND INC (NYSE:TLI)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 TLI
The long term trend has been DOWN since Apr 4th, 2017 at 11.210
The intermediate term trend has been UP since Aug 20th, 2018 at 10.020
The short term trend has been DOWN since Sep 18th, 2018 at 10.045
Smart Scan Analysis for TLI
Based on a pre-defined weighted trend formula for chart analysis, TLI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||10.67||Year High Date||2018-01-04|
|Year Low||9.93||Year Low Date||2018-07-19|
|52wk High||10.95||52wk High Date||2017-10-04|
|52wk Low||9.93||52wk Low Date||2018-07-19|
|Year End Close||12.92||Average Volume||33,702|