Mutual Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
SMART TRUST DEFENSIVE 50 EQUITIES TRUST SERIES 20 (NASDAQ:SMDFTX)
Bull Market Weakness (+75) - SMDFTX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SMDFTX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SMDFTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMDFTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SMDFTX
The long-term trend has been DOWN since Feb 27th, 2020 at 9.94
The intermediate-term trend has been UP since Jul 14th, 2020 at 9.22
The short-term trend has been UP since Jul 28th, 2020 at 9.49
Smart Scan Analysis for SMDFTX
Based on our trend formula, SMDFTX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.77||52wk High Date||2020-02-18|
|52wk Low||7.24||52wk Low Date||2020-03-23|
|Year End Close||10.22|