Mutual Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
INVESTMENT GRADE MUNI TRUST 7-13-YEAR SERIES 63 (NASDAQ:IGRMUX)
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.
MarketClub’s Trade Triangles for IGRMUX
The long term trend has been DOWN since Nov 20th, 2017 at 1103.910034
The intermediate term trend has been DOWN since Jan 18th, 2018 at 1094.479980
The short term trend has been UP since Mar 27th, 2018 at 1070.569946
Smart Scan Analysis for IGRMUX
Based on a pre-defined weighted trend formula for chart analysis, IGRMUX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1117.36||52wk High Date||2017-09-11|
|52wk Low||1066.219971||52wk Low Date||2018-04-24|
|Year End Close||1102.189941||Yield||3.54|