Mutual Trend Analysis Report
Prepared for you on Tuesday, October 15, 2019.
GMO OPPORTUNISTIC INCOME FUND CLASS VI (NASDAQ:GMODX)
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 GMODX
The long term trend has been UP since Apr 22nd, 2019 at 26.40
The intermediate term trend has been UP since Aug 5th, 2019 at 26.66
The short term trend has been DOWN since Oct 4th, 2019 at 26.82
Smart Scan Analysis for GMODX
Based on a pre-defined weighted trend formula for chart analysis, GMODX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.98000000||52wk High Date||2018-12-10|
|52wk Low||26.04000000||52wk Low Date||2018-12-13|
|Year End Close||26.13000000||Payment Date||2018-12-12|