Mutual Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
MLP & INCOME PORTFOLIO 2017-1 (INVESCO UNIT TRUSTS SERIES 1739) (NASDAQ:IMLPPX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 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 UP since Aug 30th, 2017 at 7.4361
Smart Scan Analysis for IMLPPX
Based on a pre-defined weighted trend formula for chart analysis, IMLPPX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.74||52wk High Date||2017-02-14|
|52wk Low||7.18||52wk Low Date||2017-08-21|
|Year End Close||9.655||Payment Date||2017-10-25|