Mutual Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
WELLS FARGO FD SHORT-TERM BOND C (NASDAQ:WFSHX)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 WFSHX
The long term trend has been UP since Jan 3rd, 2019 at 8.63
The intermediate term trend has been DOWN since Nov 7th, 2019 at 8.81
The short term trend has been DOWN since Jan 8th, 2020 at 8.82
Smart Scan Analysis for WFSHX
Based on a pre-defined weighted trend formula for chart analysis, WFSHX scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8.84||52wk High Date||2019-09-04|
|52wk Low||8.64||52wk Low Date||2019-01-22|
|Year End Close||8.81||Payment Date||2015-12-14|