Mutual Trend Analysis Report
Prepared for you on Thursday, December 12, 2019.
LORD ABBETT VALUE OPPORTUNITIES FD - CL F (NASDAQ:LVOFX)
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 LVOFX
The long term trend has been DOWN since Nov 21st, 2019 at 17.82
The intermediate term trend has been DOWN since Nov 21st, 2019 at 19.06
The short term trend has been UP since Dec 5th, 2019 at 17.46
Smart Scan Analysis for LVOFX
Based on a pre-defined weighted trend formula for chart analysis, LVOFX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||19.58||52wk High Date||2019-11-19|
|52wk Low||15.44||52wk Low Date||2018-12-24|
|Year End Close||16.43||Payment Date||2018-11-20|