Mutual Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
CLAYMORE SECURITY DEFINED 691 CLAYMORE/GUGGENHEIM INTER INVESTMENT GRADE CORP TRUST SENIOR 24 (NASDAQ:CGIIYX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 CGIIYX
The long term trend has been DOWN since Oct 11th, 2016 at 892.609985
The intermediate term trend has been DOWN since Apr 11th, 2017 at 871.330017
The short term trend has been UP since Mar 27th, 2018 at 798.390015
Smart Scan Analysis for CGIIYX
Based on a pre-defined weighted trend formula for chart analysis, CGIIYX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||843.76||52wk High Date||2017-10-19|
|52wk Low||733.17||52wk Low Date||2018-10-09|
|Year End Close||821.969984||Yield||5.31|