Mutual Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
HIGH YIELD CORPORATE TRUST 4-7-YEAR SERIES 5 (NASDAQ:IHYELX)
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 IHYELX
The long term trend has been DOWN since Jan 6th, 2017 at 1024.209961
The intermediate term trend has been DOWN since Aug 9th, 2018 at 880.140015
The short term trend has been DOWN since Sep 21st, 2018 at 817.360000
Smart Scan Analysis for IHYELX
Based on a pre-defined weighted trend formula for chart analysis, IHYELX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||983.07||52wk High Date||2017-09-26|
|52wk Low||816.2||52wk Low Date||2018-09-10|
|Year End Close||913.009984||Yield||6.04|