Mutual Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
SMALLCAP WORLD FUND INC. CLASS 529-A SHARES (NASDAQ:CSPAX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 CSPAX
The long term trend has been UP since Nov 1st, 2019 at 56.02
The intermediate term trend has been UP since Oct 25th, 2019 at 55.42
The short term trend has been DOWN since Dec 2nd, 2019 at 58.74
Smart Scan Analysis for CSPAX
Based on a pre-defined weighted trend formula for chart analysis, CSPAX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||59.06||52wk High Date||2019-11-27|
|52wk Low||43.93||52wk Low Date||2018-12-24|
|Year End Close||46.3||Payment Date||2018-12-26|