Mutual Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
INVESTMENT GRADE CORPORATE TRUST 3-7-YEAR SERIES 2 (NASDAQ:ICORTX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 ICORTX
The long term trend has been DOWN since Jun 21st, 2017 at 1018.789978
The intermediate term trend has been DOWN since Jan 31st, 2018 at 920.429993
The short term trend has been UP since Mar 27th, 2018 at 913.169983
Smart Scan Analysis for ICORTX
Based on a pre-defined weighted trend formula for chart analysis, ICORTX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1026.12||52wk High Date||2017-05-24|
|52wk Low||912.31||52wk Low Date||2018-04-25|
|Year End Close||919.659973||Yield||2.94|