Mutual Trend Analysis Report
Prepared for you on Monday, July 23, 2018.
INVESTMENT GRADE CORPORATE TRUST 5-8-YEAR SERIES 30 (NASDAQ:IGFVTX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 IGFVTX
The long term trend has been DOWN since Dec 18th, 2017 at 1047.760010
The intermediate term trend has been UP since Jul 7th, 2018 at 994.960022
The short term trend has been UP since Jul 3rd, 2018 at 991.650024
Smart Scan Analysis for IGFVTX
Based on a pre-defined weighted trend formula for chart analysis, IGFVTX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1050.59||52wk High Date||2017-12-06|
|52wk Low||990.91||52wk Low Date||2018-05-16|
|Year End Close||1047.079956||Yield||4.05|