Mutual Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
JOHN HANCOCK REGIONAL BANK FUND CLASS I (NASDAQ:JRBFX)
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 JRBFX
The long term trend has been DOWN since Sep 26th, 2018 at 28.56
The intermediate term trend has been DOWN since Mar 7th, 2019 at 25.62
The short term trend has been UP since Mar 13th, 2019 at 25.83
Smart Scan Analysis for JRBFX
Based on a pre-defined weighted trend formula for chart analysis, JRBFX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-06-08|
|52wk Low||21.22||52wk Low Date||2018-12-24|
|Year End Close||22.38||Payment Date||2018-12-17|