Mutual Trend Analysis Report
Prepared for you on Thursday, January 23, 2020.
SCHARF ALPHA OPPORTUNITY FUND - RETAIL CLASS (NASDAQ:HEDJX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.
MarketClub’s Trade Triangles for HEDJX
The long term trend has been UP since Jun 21st, 2019 at 24.52
The intermediate term trend has been DOWN since Dec 3rd, 2019 at 25.74
The short term trend has been UP since Jan 9th, 2020 at 25.75
Smart Scan Analysis for HEDJX
Based on a pre-defined weighted trend formula for chart analysis, HEDJX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.09||52wk High Date||2020-01-17|
|52wk Low||23.95||52wk Low Date||2019-01-31|
|Year End Close||25.77||Payment Date||2019-12-23|