Mutual Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
IVY NATURAL RESOURCES FUND CL Y (NASDAQ:IGNYX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 IGNYX
The long term trend has been UP since May 9th, 2018 at 16.21
The intermediate term trend has been DOWN since May 29th, 2018 at 15.87
The short term trend has been UP since Jun 18th, 2018 at 15.49
Smart Scan Analysis for IGNYX
Based on a pre-defined weighted trend formula for chart analysis, IGNYX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||16.91||52wk High Date||2018-01-22|
|52wk Low||14.37||52wk Low Date||2017-10-25|
|Year End Close||16.07||Payment Date||2016-12-08|