Mutual Trend Analysis Report
Prepared for you on Monday, March 18, 2019.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 1339 GUGGENHEIM SHORT DURATION H (NASDAQ:CGSYQX)
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 CGSYQX
The long term trend has been DOWN since Feb 14th, 2019 at 568.79
The intermediate term trend has been DOWN since Feb 14th, 2019 at 582.45
The short term trend has been UP since Feb 19th, 2019 at 532.08
Smart Scan Analysis for CGSYQX
Based on a pre-defined weighted trend formula for chart analysis, CGSYQX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-04-10|
|52wk Low||531.94||52wk Low Date||2019-02-15|
|Year End Close||571.45||Yield||5.31|