Mutual Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
SALIENT MIDSTREAM & MLP FUND (NASDAQ:XSMMX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 XSMMX
The long term trend has been UP since Mar 21st, 2019 at 10.92
The intermediate term trend has been DOWN since Apr 9th, 2019 at 10.71
The short term trend has been DOWN since Apr 16th, 2019 at 10.72
Smart Scan Analysis for XSMMX
Based on a pre-defined weighted trend formula for chart analysis, XSMMX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-01-23|
|52wk Low||8.16||52wk Low Date||2018-12-24|
|Year End Close||8.77||Payment Date||2019-02-27|