Mutual Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
HIGH YIELD CORPORATE TRUST 4-7-YEAR SERIES 5 (NASDAQ:IHYELX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 IHYELX
The long term trend has been DOWN since Jan 6th, 2017 at 1024.209961
The intermediate term trend has been UP since Jun 12th, 2018 at 879.640015
The short term trend has been UP since Jun 20th, 2018 at 881.489990
Smart Scan Analysis for IHYELX
Based on a pre-defined weighted trend formula for chart analysis, IHYELX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||986.65||52wk High Date||2017-08-01|
|52wk Low||877.45||52wk Low Date||2018-05-29|
|Year End Close||913.01001||Yield||6.02|