Mutual Trend Analysis Report
Prepared for you on Friday, August 18, 2017.
MLP & INCOME PORTFOLIO 2017-1 (INVESCO UNIT TRUSTS SERIES 1739) (NASDAQ:IMLPPX)
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 IMLPPX
The long term trend has been DOWN since Feb 16th, 2017 at 9.6712
The intermediate term trend has been DOWN since Aug 7th, 2017 at 7.9948
The short term trend has been DOWN since Jul 31st, 2017 at 8.2209
Smart Scan Analysis for IMLPPX
Based on a pre-defined weighted trend formula for chart analysis, IMLPPX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.74||52wk High Date||2017-02-14|
|52wk Low||7.2582||52wk Low Date||2017-08-17|
|Year End Close||9.655||Payment Date||2017-08-25|