Mutual Trend Analysis Report
Prepared for you on Monday, April 23, 2018.
HIGH YIELD CORPORATE TRUST 4-7-YEAR SERIES 3 (NASDAQ:IHIGCX)
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 IHIGCX
The long term trend has been DOWN since Apr 9th, 2018 at 773.099976
The intermediate term trend has been DOWN since Jan 30th, 2018 at 786.469971
The short term trend has been UP since Apr 12th, 2018 at 765.719971
Smart Scan Analysis for IHIGCX
Based on a pre-defined weighted trend formula for chart analysis, IHIGCX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||826.32||52wk High Date||2017-05-03|
|52wk Low||762.94||52wk Low Date||2018-04-09|
|Year End Close||781.900024||Yield||5.97|