Mutual Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
JOHN HANCOCK FUNDS II DISCIPLINED ALTERNATIVE YIELD FUND CLASS A (NASDAQ:JTRAX)
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 JTRAX
The long term trend has been UP since Apr 4th, 2019 at 10.85
The intermediate term trend has been DOWN since Aug 1st, 2019 at 11.00
The short term trend has been DOWN since Aug 23rd, 2019 at 10.85
Smart Scan Analysis for JTRAX
Based on a pre-defined weighted trend formula for chart analysis, JTRAX scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.13||52wk High Date||2019-09-16|
|52wk Low||9.9||52wk Low Date||2018-12-24|
|Year End Close||10.24||Payment Date||2018-12-21|