Mutual Trend Analysis Report
Prepared for you on Tuesday, May 21, 2019.
CONGRESS MID CAP GROWTH FD RETAIL CL (NASDAQ:CMIDX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 CMIDX
The long term trend has been UP since Feb 22nd, 2019 at 19.60
The intermediate term trend has been DOWN since May 7th, 2019 at 20.59
The short term trend has been DOWN since May 7th, 2019 at 20.85
Smart Scan Analysis for CMIDX
Based on a pre-defined weighted trend formula for chart analysis, CMIDX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2018-09-14|
|52wk Low||16.05||52wk Low Date||2018-12-24|
|Year End Close||17.22||Payment Date||2018-12-12|