Mutual Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
CLAYMORE SEC DEF 700CLAYMORE/GUGGENHEIM BUILD AMERICA BDS TR SRS 1 (NASDAQ:CGBAAX)
Strong Downtrend (-100) - CGBAAX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CGBAAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CGBAAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CGBAAX
The long-term trend has been DOWN since Mar 17th, 2020 at 738.10
The intermediate-term trend has been DOWN since Jul 14th, 2020 at 602.57
The short-term trend has been DOWN since Sep 4th, 2020 at 447.75
Smart Scan Analysis for CGBAAX
Based on our trend formula, CGBAAX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||780.99||52wk High Date||2020-03-09|
|52wk Low||401.32||52wk Low Date||2020-09-16|
|Year End Close||757.66||Yield||2.61|