Mutual Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
INVESTMENT GRADE INCOME TRUST 10-20-YEAR SERIES 48 (NASDAQ:IFRTYX)
Smart Scan Chart Analysis indicates that the upward 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 IFRTYX
The long term trend has been DOWN since Jan 30th, 2018 at 1138.319946
The intermediate term trend has been UP since Mar 27th, 2018 at 1126.520020
The short term trend has been UP since Mar 27th, 2018 at 1123.079956
Smart Scan Analysis for IFRTYX
Based on a pre-defined weighted trend formula for chart analysis, IFRTYX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1172.18||52wk High Date||2017-12-15|
|52wk Low||1094.98||52wk Low Date||2018-05-17|
|Year End Close||1167.359985||Yield||4.35|