Mutual Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
INVESTMENT GRADE CORPORATE TRUST 5-8-YEAR SERIES 24 (NASDAQ:IGPTFX)
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 IGPTFX
The long term trend has been DOWN since Sep 7th, 2017 at 1044.599976
The intermediate term trend has been DOWN since Jun 11th, 2018 at 969.570007
The short term trend has been UP since Jul 3rd, 2018 at 968.869995
Smart Scan Analysis for IGPTFX
Based on a pre-defined weighted trend formula for chart analysis, IGPTFX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1058.39||52wk High Date||2017-09-05|
|52wk Low||967.11||52wk Low Date||2018-07-25|
|Year End Close||1008||Yield||4.32|