Mutual Trend Analysis Report
Prepared for you on Thursday, September 19, 2019.
HIGHLAND MERGER ARBITRAGE FUND CLASS A (NASDAQ:HMEAX)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 HMEAX
The long term trend has been UP since Apr 16th, 2019 at 18.36
The intermediate term trend has been UP since Jun 27th, 2019 at 18.53
The short term trend has been UP since Sep 9th, 2019 at 18.96
Smart Scan Analysis for HMEAX
Based on a pre-defined weighted trend formula for chart analysis, HMEAX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21.39||52wk High Date||2018-12-14|
|52wk Low||17.56||52wk Low Date||2018-12-24|
|Year End Close||18.04||Payment Date||2017-12-21|