Mutual Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
INVESTMENT GRADE MUNI TRUST 7-13-YEAR SERIES 68 (NASDAQ:IRMNTX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 IRMNTX
The long term trend has been DOWN since Nov 20th, 2017 at 1097.290039
The intermediate term trend has been DOWN since Sep 4th, 2018 at 1061.060032
The short term trend has been UP since Sep 27th, 2018 at 1048.829952
Smart Scan Analysis for IRMNTX
Based on a pre-defined weighted trend formula for chart analysis, IRMNTX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1104.91||52wk High Date||2017-10-19|
|52wk Low||1039.38||52wk Low Date||2018-10-10|
|Year End Close||1096.390016||Yield||3.35|