Mutual Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
INVESTMENT GRADE CORPORATE TRUST 5-8-YEAR SERIES 30 (NASDAQ:IGFVTX)
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 IGFVTX
The long term trend has been DOWN since Oct 5th, 2018 at 991.150024
The intermediate term trend has been DOWN since Oct 4th, 2018 at 994.619968
The short term trend has been UP since Nov 19th, 2018 at 979.710016
Smart Scan Analysis for IGFVTX
Based on a pre-defined weighted trend formula for chart analysis, IGFVTX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1050.59||52wk High Date||2017-12-06|
|52wk Low||978.97||52wk Low Date||2018-11-15|
|Year End Close||1047.079936||Yield||4.14|