Mutual Trend Analysis Report
Prepared for you on Thursday, April 18, 2019.
THE ADIRONDACK SMALL CAP FUND (NASDAQ:ADKSX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 ADKSX
The long term trend has been DOWN since Oct 5th, 2018 at 22.67
The intermediate term trend has been UP since Apr 5th, 2019 at 17.68
The short term trend has been DOWN since Apr 15th, 2019 at 17.59
Smart Scan Analysis for ADKSX
Based on a pre-defined weighted trend formula for chart analysis, ADKSX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-08-31|
|52wk Low||14.22||52wk Low Date||2018-12-24|
|Year End Close||14.91||Payment Date||2018-12-19|