Mutual Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
COLUMBIA SELIGMAN TECHNOLOGY & INFORMATION FUND INC. CLASS A (NASDAQ:SLMCX)
Long-Term Downtrend (-90) - SLMCX is in a strong downtrend that is likely to continue. While SLMCX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SLMCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SLMCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SLMCX
The long-term trend has been DOWN since Jan 18th, 2022 at 121.98
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 109.88
The short-term trend has been DOWN since May 18th, 2022 at 99.82
Smart Scan Analysis for SLMCX
Based on our trend formula, SLMCX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||151.09||52wk High Date||2021-12-07|
|52wk Low||97.02||52wk Low Date||2022-05-11|
|Year End Close||129.51|