Mutual Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
BLACKROCK ASIAN DRAGON FUND INC. - INSTITUTIONAL (NASDAQ:MAPCX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 MAPCX
The long term trend has been DOWN since Dec 4th, 2017 at 19.00
The intermediate term trend has been UP since Jan 9th, 2019 at 13.61
The short term trend has been DOWN since Feb 15th, 2019 at 14.53
Smart Scan Analysis for MAPCX
Based on a pre-defined weighted trend formula for chart analysis, MAPCX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2017-11-30|
|52wk Low||13.07||52wk Low Date||2019-01-03|
|Year End Close||13.58||Payment Date||2018-12-07|