Mutual Trend Analysis Report
Prepared for you on Tuesday, December 18, 2018.
INVESTMENT GRADE MUNI TRUST 7-13-YEAR SERIES 58 (NASDAQ:IMTYEX)
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 IMTYEX
The long term trend has been DOWN since Sep 5th, 2018 at 1062.030029
The intermediate term trend has been UP since Nov 16th, 2018 at 1049.569920
The short term trend has been UP since Nov 7th, 2018 at 1045.829952
Smart Scan Analysis for IMTYEX
Based on a pre-defined weighted trend formula for chart analysis, IMTYEX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1098.76||52wk High Date||2017-12-06|
|52wk Low||1045.78||52wk Low Date||2018-11-06|
|Year End Close||1092.660096||Yield||3.18|