Mutual Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
TRANSAMERICA MID CAP GROWTH FUND C SHS (NASDAQ:MGTCX)
Long-Term Uptrend (+90) - MGTCX is in a strong uptrend that is likely to continue. While MGTCX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MGTCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGTCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGTCX
The long-term trend has been UP since Apr 3rd, 2019 at 8.72
The intermediate-term trend has been UP since Feb 14th, 2020 at 10.50
The short-term trend has been UP since Feb 12th, 2020 at 10.39
Smart Scan Analysis for MGTCX
Based on our trend formula, MGTCX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.63||52wk High Date||2020-02-20|
|52wk Low||8.3||52wk Low Date||2019-03-08|
|Year End Close||10.1||Payment Date||2019-12-20|