Mutual Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
HIGH YIELD CORPORATE TRUST 4-7-YEAR SERIES 7 (NASDAQ:IHYEDX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 Aug 9th, 2018 at 900.359985
The short term trend has been UP since Sep 5th, 2018 at 873.229952
Smart Scan Analysis for IHYEDX
Based on a pre-defined weighted trend formula for chart analysis, IHYEDX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1043.92||52wk High Date||2017-09-29|
|52wk Low||872.05||52wk Low Date||2018-08-15|
|Year End Close||1008.8||Yield||6.21|