Mutual Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
MFS MID CAP GROWTH FUND CLASS R1 (NASDAQ:OTCGX)
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 OTCGX
The long term trend has been UP since Mar 18th, 2019 at 14.70
The intermediate term trend has been UP since Sep 5th, 2019 at 16.41
The short term trend has been DOWN since Sep 10th, 2019 at 16.41
Smart Scan Analysis for OTCGX
Based on a pre-defined weighted trend formula for chart analysis, OTCGX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||16.73||52wk High Date||2019-07-26|
|52wk Low||11.76||52wk Low Date||2018-12-24|
|Year End Close||12.58|