Mutual Trend Analysis Report
Prepared for you on Friday, December 6, 2019.
Guggenheim Defined Portfolios, Series 1339 Guggenheim Short Duration High Yield Trust, Series 42 (NASDAQ:CGSYQX)
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 CGSYQX
The long term trend has been DOWN since Feb 14th, 2019 at 568.79
The intermediate term trend has been DOWN since Sep 26th, 2019 at 438.99
The short term trend has been UP since Nov 27th, 2019 at 435.47
Smart Scan Analysis for CGSYQX
Based on a pre-defined weighted trend formula for chart analysis, CGSYQX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||585.74||52wk High Date||2019-02-01|
|52wk Low||435.27||52wk Low Date||2019-11-21|
|Year End Close||571.45||Yield||5.22|