Mutual Trend Analysis Report
Prepared for you on Monday, April 22, 2019.
SCHARF ALPHA OPPORTUNITY FUND - RETAIL CLASS (NASDAQ:HEDJX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 HEDJX
The long term trend has been DOWN since Dec 21st, 2018 at 23.48
The intermediate term trend has been DOWN since Mar 4th, 2019 at 24.20
The short term trend has been UP since Apr 15th, 2019 at 24.21
Smart Scan Analysis for HEDJX
Based on a pre-defined weighted trend formula for chart analysis, HEDJX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2019-02-15|
|52wk Low||22.72||52wk Low Date||2018-05-09|
|Year End Close||23.64||Payment Date||2017-12-12|