Mutual Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
INVESTMENT GRADE MUNI TRUST 10-20-YEAR SERIES 11 (NASDAQ:IGUNTX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 UP since Nov 16th, 2018 at 1004.229952
The short term trend has been UP since Nov 28th, 2018 at 1010.659968
Smart Scan Analysis for IGUNTX
Based on a pre-defined weighted trend formula for chart analysis, IGUNTX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1079.58||52wk High Date||2017-12-06|
|52wk Low||992.56||52wk Low Date||2018-11-06|
|Year End Close||1071.770048||Yield||3.43|