Mutual Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
COLUMBIA GREATER CHINA FUND CLASS I3 (NASDAQ:CGCYX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 CGCYX
The long term trend has been DOWN since May 23rd, 2019 at 46.46
The intermediate term trend has been DOWN since Sep 27th, 2019 at 49.12
The short term trend has been UP since Oct 3rd, 2019 at 48.59
Smart Scan Analysis for CGCYX
Based on a pre-defined weighted trend formula for chart analysis, CGCYX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||53.11000000||52wk High Date||2019-04-10|
|52wk Low||39.93000000||52wk Low Date||2019-01-03|
|Year End Close||41.78000000|