Mutual Trend Analysis Report
Prepared for you on Friday, January 19, 2018.
INVESTMENT GRADE MUNI TRUST 7-13-YEAR SERIES 59 (NASDAQ:IGRAMX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 IGRAMX
The long term trend has been UP since Apr 7th, 2017 at 1080.790039
The intermediate term trend has been UP since Oct 16th, 2017 at 1105.229980
The short term trend has been DOWN since Oct 20th, 2017 at 1106.530029
Smart Scan Analysis for IGRAMX
Based on a pre-defined weighted trend formula for chart analysis, IGRAMX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1110.99||52wk High Date||2017-09-08|
|52wk Low||1060.57||52wk Low Date||2017-03-14|
|Year End Close||1096.469971||Yield||3.29|