Mutual Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
IVY NATURAL RESOURCES FUND CL C (NASDAQ:IGNCX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 IGNCX
The long term trend has been UP since Sep 22nd, 2017 at 11.93
The intermediate term trend has been UP since Nov 1st, 2017 at 12.16
The short term trend has been UP since Jan 19th, 2018 at 13.50
Smart Scan Analysis for IGNCX
Based on a pre-defined weighted trend formula for chart analysis, IGNCX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||13.74||52wk High Date||2018-01-22|
|52wk Low||10.8||52wk Low Date||2017-08-17|
|Year End Close||13.06||Payment Date||2007-12-28|