Mutual Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
DESTRA FLAHERTY & CRUMRINE PREFERRED AND INCOME FUND - CLASS A (NASDAQ:DPIAX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 DPIAX
The long term trend has been UP since Mar 1st, 2019 at 17.49
The intermediate term trend has been UP since Jun 7th, 2019 at 17.87
The short term trend has been DOWN since Sep 27th, 2019 at 18.52
Smart Scan Analysis for DPIAX
Based on a pre-defined weighted trend formula for chart analysis, DPIAX scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||18.53000000||52wk High Date||2019-09-23|
|52wk Low||16.44000000||52wk Low Date||2018-12-28|
|Year End Close||16.49000000||Yield||0.00000000|