Mutual Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
INVESCO UNIT TRUST HIGH INCOME INVESTMENT GRADE TRUST SERIES 2 (NASDAQ:IHIITX)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 IHIITX
The long term trend has been DOWN since Nov 9th, 2016 at 948.200012
The intermediate term trend has been DOWN since Sep 27th, 2017 at 884.679993
The short term trend has been DOWN since Oct 31st, 2017 at 881.099976
Smart Scan Analysis for IHIITX
Based on a pre-defined weighted trend formula for chart analysis, IHIITX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||952.48||52wk High Date||2017-02-24|
|52wk Low||872.039978||52wk Low Date||2018-01-12|
|Year End Close||872.669983||Yield||5.77|