Mutual Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 1971 MLP/MIDSTREAM & ENERGY PORT (NASDAQ:CMLPBX)
Long-Term Uptrend (+90) - CMLPBX is in a strong uptrend that is likely to continue. While CMLPBX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CMLPBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CMLPBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CMLPBX
The long-term trend has been UP since Nov 23rd, 2020 at 4.31
The intermediate-term trend has been UP since Nov 10th, 2020 at 3.81
The short-term trend has been UP since Nov 10th, 2020 at 3.56
Smart Scan Analysis for CMLPBX
Based on our trend formula, CMLPBX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.19||52wk High Date||2020-01-16|
|52wk Low||2.22||52wk Low Date||2020-03-18|