Mutual Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 1756 SENIOR LOAN & INCOME PORTFO (NASDAQ:CESLHX)
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 CESLHX
The long term trend has been DOWN since Jun 3rd, 2019 at 8.58
The intermediate term trend has been DOWN since May 14th, 2019 at 8.75
The short term trend has been UP since Jun 24th, 2019 at 8.72
Smart Scan Analysis for CESLHX
Based on a pre-defined weighted trend formula for chart analysis, CESLHX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-06-01|
|52wk Low||7.88||52wk Low Date||2018-12-21|
|Year End Close||8.17|