Mutual Trend Analysis Report
Prepared for you on Sunday, December 9, 2018.
INVESTMENT GRADE INCOME TRUST 10-20-YEAR SERIES 48 (NASDAQ:IFRTYX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 IFRTYX
The long term trend has been DOWN since Jan 30th, 2018 at 1138.319946
The intermediate term trend has been UP since Nov 19th, 2018 at 1083.100032
The short term trend has been DOWN since Nov 20th, 2018 at 1082.810112
Smart Scan Analysis for IFRTYX
Based on a pre-defined weighted trend formula for chart analysis, IFRTYX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1172.18||52wk High Date||2017-12-15|
|52wk Low||1070.29||52wk Low Date||2018-11-02|
|Year End Close||1167.36||Yield||4.4|