Mutual Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
ALGER SMALL CAP FOCUS FUND - CLASS Y (NASDAQ:AOFYX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 AOFYX
The long term trend has been UP since Feb 12th, 2019 at 20.36
The intermediate term trend has been DOWN since Aug 5th, 2019 at 22.86
The short term trend has been UP since Sep 12th, 2019 at 21.72
Smart Scan Analysis for AOFYX
Based on a pre-defined weighted trend formula for chart analysis, AOFYX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||23.4||52wk High Date||2019-07-30|
|52wk Low||16.1||52wk Low Date||2018-12-24|
|Year End Close||17.67||Payment Date||2018-12-18|