Mutual Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
CLOSED-END STRATEGY: DISCOUNT OPPORTUNITY PORTFOLIO 2016-4 (INVESCO UN) (NASDAQ:IDSCTX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 IDSCTX
The long term trend has been UP since Aug 6th, 2018 at 10.0542
The intermediate term trend has been DOWN since Sep 7th, 2018 at 9.9660
The short term trend has been UP since Sep 10th, 2018 at 9.9310
Smart Scan Analysis for IDSCTX
Based on a pre-defined weighted trend formula for chart analysis, IDSCTX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.65||52wk High Date||2017-10-24|
|52wk Low||9.53||52wk Low Date||2018-10-11|
|Year End Close||10.4301||Payment Date||2018-10-25|