Mutual Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 1220 GUGGENHEIM SHORT DURATION H (NASDAQ:CGSYNX)
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 CGSYNX
The long term trend has been DOWN since Jan 11th, 2017 at 939.599976
The intermediate term trend has been DOWN since Feb 12th, 2019 at 365.110000
The short term trend has been UP since Apr 10th, 2019 at 315.110000
Smart Scan Analysis for CGSYNX
Based on a pre-defined weighted trend formula for chart analysis, CGSYNX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-04-18|
|52wk Low||314.44||52wk Low Date||2019-04-09|
|Year End Close||362.04||Yield||7.42|