Mutual Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
INVESTMENT GRADE CORPORATE TRUST 3-7-YEAR SERIES 19 (NASDAQ:IGDECX)
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 IGDECX
The long term trend has been DOWN since Sep 20th, 2017 at 1043.729980
The intermediate term trend has been DOWN since Jun 12th, 2018 at 1010.659973
The short term trend has been UP since Jul 3rd, 2018 at 1011.359985
Smart Scan Analysis for IGDECX
Based on a pre-defined weighted trend formula for chart analysis, IGDECX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1050.01||52wk High Date||2017-09-07|
|52wk Low||1009.6||52wk Low Date||2018-05-16|
|Year End Close||1033.930054||Yield||3.42|