Mutual Trend Analysis Report
Prepared for you on Wednesday, September 26, 2018.
INVESTMENT GRADE MUNI TRUST 7-13-YEAR SERIES 58 (NASDAQ:IMTYEX)
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 IMTYEX
The long term trend has been DOWN since Sep 5th, 2018 at 1062.030029
The intermediate term trend has been DOWN since Aug 1st, 2018 at 1064.619995
The short term trend has been DOWN since Aug 23rd, 2018 at 1064.180032
Smart Scan Analysis for IMTYEX
Based on a pre-defined weighted trend formula for chart analysis, IMTYEX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1102.71||52wk High Date||2017-10-17|
|52wk Low||1052.79||52wk Low Date||2018-09-25|
|Year End Close||1092.660096||Yield||3.21|