Mutual Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
INVESTMENT GRADE INCOME TRUST 7+ YEAR SERIES 39 (NASDAQ:INGSVX)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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 INGSVX
The long term trend has been DOWN since Nov 10th, 2017 at 1067.77002
The intermediate term trend has been DOWN since Sep 5th, 2018 at 1031.88000
The short term trend has been DOWN since Sep 18th, 2018 at 1026.52000
Smart Scan Analysis for INGSVX
Based on a pre-defined weighted trend formula for chart analysis, INGSVX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1075.91||52wk High Date||2017-09-25|
|52wk Low||1020.52||52wk Low Date||2018-05-16|
|Year End Close||1064.829952||Yield||3.88|