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Mutual Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

IVY NATURAL RESOURCES FUND CL C (NASDAQ:IGNCX)

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.

NASDAQ_IGNCX
Open High Low IGNCX Price Change
12.05 12.05 12.05 12.05 -0.02
Entry Signal

MarketClub’s Trade Triangles for IGNCX

long term down The long term trend has been DOWN since Mar 8th, 2017 at 12.58

intermediate term down The intermediate term trend has been DOWN since Aug 7th, 2017 at 11.41

short term up The short term trend has been UP since Aug 31st, 2017 at 11.03

Smart Scan Analysis for IGNCX

Based on a pre-defined weighted trend formula for chart analysis, IGNCX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for IGNCX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.05 12.05 12.05 12.05 -0.02
Prev. Close Volume Bid Ask Time
12.05 2017-10-18 00:00:00
52wk High13.3152wk High Date2017-01-25
52wk Low10.852wk Low Date2017-08-17
Year End Close12.78Payment Date2007-12-28
Want to analyze IVY NATURAL RESOURCES FUND CL C IGNCX or another symbol? Try our Free Mutual Trend Analysis Report.