Mutual Trend Analysis Report
Prepared for you on Monday, May 20, 2019.
JPMORGAN RESEARCH MARKET NEUTRAL FUND CL A (NASDAQ:JMNAX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 JMNAX
The long term trend has been DOWN since Apr 25th, 2019 at 14.10
The intermediate term trend has been DOWN since Apr 16th, 2019 at 14.28
The short term trend has been UP since May 10th, 2019 at 12.99
Smart Scan Analysis for JMNAX
Based on a pre-defined weighted trend formula for chart analysis, JMNAX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-10-03|
|52wk Low||12.96||52wk Low Date||2019-05-02|
|Year End Close||14.36|