Mutual Trend Analysis Report
Prepared for you on Friday, October 18, 2019.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 1342 GUGGENHEIM SHORT DURATION H (NASDAQ:CGSYTX)
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 CGSYTX
The long term trend has been DOWN since Mar 13th, 2017 at 1022.400024
The intermediate term trend has been DOWN since Sep 26th, 2019 at 593.730000
The short term trend has been UP since Oct 4th, 2019 at 592.290000
Smart Scan Analysis for CGSYTX
Based on a pre-defined weighted trend formula for chart analysis, CGSYTX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||881.31000000||52wk High Date||2018-10-17|
|52wk Low||554.95000000||52wk Low Date||2019-10-16|
|Year End Close||785.62000000||Yield||5.41000000|