Mutual Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
INVESTMENT GRADE MUNI TRUST 10-20-YEAR SERIES 11 (NASDAQ:IGUNTX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 IGUNTX
The long term trend has been UP since May 29th, 2018 at 1040.250000
The intermediate term trend has been UP since May 29th, 2018 at 1035.589966
The short term trend has been DOWN since Jul 3rd, 2018 at 1035.260010
Smart Scan Analysis for IGUNTX
Based on a pre-defined weighted trend formula for chart analysis, IGUNTX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1079.58||52wk High Date||2017-12-06|
|52wk Low||1019.3||52wk Low Date||2018-04-25|
|Year End Close||1071.77002||Yield||3.43|