Mutual Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
JP MORGAN STRATEGIC INCOME OPPORTUNITIES FD CL A (NASDAQ:JSOAX)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 JSOAX
The long term trend has been UP since Apr 5th, 2019 at 11.49
The intermediate term trend has been DOWN since May 9th, 2019 at 11.50
The short term trend has been DOWN since Jun 28th, 2019 at 11.50
Smart Scan Analysis for JSOAX
Based on a pre-defined weighted trend formula for chart analysis, JSOAX scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-09-25|
|52wk Low||11.31||52wk Low Date||2018-12-27|
|Year End Close||11.32|