Mutual Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
CLAYMORE SEC DEF 709 CLAYMORE/GUGGENHEIM BUILD AMERICA BDS TR SR 4 (NASDAQ:CGBADX)
Countertrend Down (-85) - CGBADX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CGBADX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CGBADX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CGBADX
The long-term trend has been DOWN since Mar 17th, 2020 at 811.94
The intermediate-term trend has been DOWN since Jul 14th, 2020 at 756.27
The short-term trend has been UP since Aug 31st, 2020 at 601.49
Smart Scan Analysis for CGBADX
Based on our trend formula, CGBADX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||862.85||52wk High Date||2020-03-09|
|52wk Low||598.51||52wk Low Date||2020-08-13|
|Year End Close||812.25||Yield||3.95|