Mutual Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
MATTHEWS CHINA DIVIDEND FUND INVESTOR CLASS (NASDAQ:MCDFX)
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 MCDFX
The long term trend has been DOWN since Jan 31st, 2020 at 15.22
The intermediate term trend has been DOWN since Jan 23rd, 2020 at 16.15
The short term trend has been UP since Feb 4th, 2020 at 15.48
Smart Scan Analysis for MCDFX
Based on a pre-defined weighted trend formula for chart analysis, MCDFX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||17.21||52wk High Date||2019-04-10|
|52wk Low||14.93||52wk Low Date||2019-08-14|
|Year End Close||16.2||Payment Date||2019-12-17|