Mutual Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
INVESTMENT GRADE MUNI TRUST 10-20-YEAR SERIES 11 (NASDAQ:IGUNTX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 IGUNTX
The long term trend has been DOWN since Aug 8th, 2018 at 1024.859985
The intermediate term trend has been DOWN since Sep 7th, 2018 at 1026.270020
The short term trend has been UP since Sep 27th, 2018 at 1013.299968
Smart Scan Analysis for IGUNTX
Based on a pre-defined weighted trend formula for chart analysis, IGUNTX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1079.58||52wk High Date||2017-12-06|
|52wk Low||993.82||52wk Low Date||2018-10-10|
|Year End Close||1071.770048||Yield||3.54|