Mutual Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
COLUMBIA GLOBAL TECHNOLOGY GROWTH FUND CLASS I (NASDAQ:CMTFX)
Long-Term Downtrend (-90) - CMTFX is in a strong downtrend that is likely to continue. While CMTFX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CMTFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CMTFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CMTFX
The long-term trend has been DOWN since Jan 18th, 2022 at 67.11
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 60.89
The short-term trend has been DOWN since May 5th, 2022 at 56.34
Smart Scan Analysis for CMTFX
Based on our trend formula, CMTFX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||76.57||52wk High Date||2021-11-19|
|52wk Low||51.1||52wk Low Date||2022-05-12|
|Year End Close||72.17|