Mutual Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
HIGH YIELD CORPORATE TRUST 4-7-YEAR SERIES 7 (NASDAQ:IHYEDX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 IHYEDX
The long term trend has been DOWN since Aug 18th, 2017 at 1036.359985
The intermediate term trend has been DOWN since Apr 25th, 2018 at 960.440002
The short term trend has been UP since Jul 5th, 2018 at 898.210022
Smart Scan Analysis for IHYEDX
Based on a pre-defined weighted trend formula for chart analysis, IHYEDX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1051||52wk High Date||2017-07-20|
|52wk Low||894.5||52wk Low Date||2018-07-02|
|Year End Close||1008.799988||Yield||6.24|