Mutual Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
JOHN HANCOCK CALIFORNIA TAX-FREE INCOME FUND CLASS C (NASDAQ:TCCAX)
Bull Market Weakness (+75) - TCCAX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TCCAX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TCCAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TCCAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TCCAX
The long-term trend has been DOWN since Nov 7th, 2019 at 11.00
The intermediate-term trend has been UP since Jan 14th, 2020 at 11.00
The short-term trend has been UP since Feb 10th, 2020 at 11.07
Smart Scan Analysis for TCCAX
Based on our trend formula, TCCAX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.17||52wk High Date||2019-08-28|
|52wk Low||10.63||52wk Low Date||2019-02-21|
|Year End Close||10.94||Payment Date||2019-12-31|