Mutual Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
WESTERN ASSET TOTAL RETURN UNCONSTRAINED FUND CLASS I (NASDAQ:WAARX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 WAARX
The long term trend has been UP since Jan 3rd, 2019 at 10.12
The intermediate term trend has been UP since Dec 7th, 2018 at 9.98
The short term trend has been DOWN since Feb 7th, 2019 at 10.25
Smart Scan Analysis for WAARX
Based on a pre-defined weighted trend formula for chart analysis, WAARX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-01-25|
|52wk Low||9.91||52wk Low Date||2018-10-31|
|Year End Close||10.11||Yield||4.09|