Mutual Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
GUGGENHEIM DEF 730 GUGGENHEIM BUILD AMERICA BONDS TR SRS 7 (NASDAQ:CGBAGX)
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 CGBAGX
The long term trend has been DOWN since Nov 5th, 2019 at 780.24
The intermediate term trend has been DOWN since Dec 12th, 2019 at 782.41
The short term trend has been UP since Jan 10th, 2020 at 771.59
Smart Scan Analysis for CGBAGX
Based on a pre-defined weighted trend formula for chart analysis, CGBAGX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||811.41||52wk High Date||2019-08-28|
|52wk Low||745.27||52wk Low Date||2019-03-01|
|Year End Close||768.24||Yield||5.36|