Mutual Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
MLP & INCOME PORTFOLIO 2016-3 (INVESCO UNIT TRUSTS SERIES 1689) (NASDAQ:IMNIPX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 UP since Jan 3rd, 2018 at 9.2235
The intermediate term trend has been UP since Dec 11th, 2017 at 8.4176
The short term trend has been DOWN since Jan 17th, 2018 at 9.5810
Smart Scan Analysis for IMNIPX
Based on a pre-defined weighted trend formula for chart analysis, IMNIPX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.36||52wk High Date||2017-04-07|
|52wk Low||7.67||52wk Low Date||2018-03-20|
|Year End Close||8.8051||Payment Date||2018-03-25|