Mutual Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
INVESTMENT GRADE INCOME TRUST 7+ YEAR SERIES 39 (NASDAQ:INGSVX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 INGSVX
The long term trend has been DOWN since Nov 10th, 2017 at 1067.770020
The intermediate term trend has been UP since May 25th, 2018 at 1028.510010
The short term trend has been UP since Jul 3rd, 2018 at 1027.680054
Smart Scan Analysis for INGSVX
Based on a pre-defined weighted trend formula for chart analysis, INGSVX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1085.84||52wk High Date||2017-09-07|
|52wk Low||1020.52||52wk Low Date||2018-05-16|
|Year End Close||1064.829956||Yield||3.9|