Mutual Trend Analysis Report
Prepared for you on Thursday, January 18, 2018.
MLP & INCOME PORTFOLIO 2016-3 (INVESCO UNIT TRUSTS SERIES 1689) (NASDAQ:IMNIPX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 IMNIPX
The long term trend has been DOWN since May 4th, 2017 at 9.7710
The intermediate term trend has been DOWN since Oct 17th, 2017 at 8.9129
The short term trend has been DOWN since Nov 9th, 2017 at 8.5542
Smart Scan Analysis for IMNIPX
Based on a pre-defined weighted trend formula for chart analysis, IMNIPX scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.73||52wk High Date||2017-02-03|
|52wk Low||7.96||52wk Low Date||2017-11-29|
|Year End Close||8.8051||Payment Date||2018-01-25|