Mutual Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
BLACKROCK NATIONAL MUNI C1 (NASDAQ:MCNLX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 MCNLX
The long term trend has been UP since Jan 3rd, 2019 at 10.69
The intermediate term trend has been UP since Feb 7th, 2019 at 10.70
The short term trend has been UP since Jun 21st, 2019 at 11.06
Smart Scan Analysis for MCNLX
Based on a pre-defined weighted trend formula for chart analysis, MCNLX scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-05-20|
|52wk Low||10.51||52wk Low Date||2018-11-05|
|Year End Close||10.68||Payment Date||2018-12-10|