Mutual Trend Analysis Report
Prepared for you on Sunday, September 22, 2019.
HIGHLAND MERGER ARBITRAGE FUND CLASS Z (NASDAQ:HMEZX)
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 HMEZX
The long term trend has been UP since Apr 8th, 2019 at 18.49
The intermediate term trend has been UP since Jul 8th, 2019 at 18.67
The short term trend has been DOWN since Sep 19th, 2019 at 19.15
Smart Scan Analysis for HMEZX
Based on a pre-defined weighted trend formula for chart analysis, HMEZX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21.62||52wk High Date||2018-12-14|
|52wk Low||17.68||52wk Low Date||2018-12-24|
|Year End Close||18.16||Payment Date||2017-12-21|