Mutual Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
MATTHEWS INDIA FUND INVESTOR CLASS (NASDAQ:MINDX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 MINDX
The long term trend has been DOWN since Jul 19th, 2019 at 25.50
The intermediate term trend has been UP since Sep 9th, 2019 at 24.17
The short term trend has been UP since Oct 4th, 2019 at 25.20
Smart Scan Analysis for MINDX
Based on a pre-defined weighted trend formula for chart analysis, MINDX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||30.78000000||52wk High Date||2018-11-30|
|52wk Low||23.34000000||52wk Low Date||2019-08-22|
|Year End Close||26.32000000||Yield||0.00000000|