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Mutual Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

AMERICAN BEACON GLG TOTAL RETURN FUND - INSTITUTIONAL CLASS (NASDAQ:GLGIX)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_GLGIX
Open High Low GLGIX Price Change
10.14 10.11 10.11 10.11 -0.03
Entry Signal

MarketClub’s Trade Triangles for GLGIX

long term down The long term trend has been DOWN since Jul 22nd, 2019 at 10.09

intermediate term up The intermediate term trend has been UP since Aug 2nd, 2019 at 10.16

short term down The short term trend has been DOWN since Aug 8th, 2019 at 10.22

Smart Scan Analysis for GLGIX

Based on a pre-defined weighted trend formula for chart analysis, GLGIX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for GLGIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.14 10.11 10.11 10.11 -0.03
Prev. Close Volume Bid Ask Time
10.15 0 10.11 10.11 2019-08-13 20:00:00
52wk High201852wk High Date2018-06-27
52wk Low10.0752wk Low Date2019-07-25
Year End Close10.34Payment Date2018-12-21
Want to analyze AMERICAN BEACON GLG TOTAL RETURN FUND - INSTITUTIONAL CLASS GLGIX or another symbol? Try our Free Mutual Trend Analysis Report.