Mutual Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
JOHN HANCOCK FUNDS II MULTI-INDEX 2040 PRESERVATION PORTFOLIO CLASS R1 (NASDAQ:JRRQX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 JRRQX
The long term trend has been DOWN since Dec 27th, 2019 at 13.50
The intermediate term trend has been DOWN since Dec 27th, 2019 at 14.16
The short term trend has been DOWN since Jan 24th, 2020 at 13.56
Smart Scan Analysis for JRRQX
Based on a pre-defined weighted trend formula for chart analysis, JRRQX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||14.69||52wk High Date||2019-12-26|
|52wk Low||13||52wk Low Date||2019-03-08|
|Year End Close||13.36||Payment Date||2019-12-30|