Mutual Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
INVESCO BALANCED-RISK RETIREMENT 2030 FUND CLASS RX (NASDAQ:VRERX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 VRERX
The long term trend has been DOWN since Aug 1st, 2018 at 8.51
The intermediate term trend has been UP since Jan 18th, 2019 at 7.99
The short term trend has been UP since Feb 12th, 2019 at 8.15
Smart Scan Analysis for VRERX
Based on a pre-defined weighted trend formula for chart analysis, VRERX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-05-31|
|52wk Low||7.75||52wk Low Date||2018-12-24|
|Year End Close||7.82||Payment Date||2018-12-20|