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Mutual Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

ASHMORE EMERGING MARKETS LOCAL CURRENCY BOND FD INSTI CL (NASDAQ:ELBIX)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

NASDAQ_ELBIX
Open High Low ELBIX Price Change
7.41 7.40 7.40 7.40 -0.01
Entry Signal

MarketClub’s Trade Triangles for ELBIX

long term down The long term trend has been DOWN since May 2nd, 2019 at 7.19

intermediate term down The intermediate term trend has been DOWN since Apr 24th, 2019 at 7.28

short term down The short term trend has been DOWN since May 17th, 2019 at 7.17

Smart Scan Analysis for ELBIX

Based on a pre-defined weighted trend formula for chart analysis, ELBIX scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for ELBIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.41 7.40 7.40 7.40 -0.01
Prev. Close Volume Bid Ask Time
7.41 0 7.40 7.40 2019-06-14 20:00:00
52wk High201952wk High Date2019-02-01
52wk Low6.6152wk Low Date2018-09-05
Year End Close7.05Payment Date2018-06-26
Want to analyze ASHMORE EMERGING MARKETS LOCAL CURRENCY BOND FD INSTI CL ELBIX or another symbol? Try our Free Mutual Trend Analysis Report.