Mutual Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
INVESCO UNIT TRUST INVESTMENT GRADE INCOME TRUST 20+YEAR SERIES 43 (NASDAQ:ITEITX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 ITEITX
The long term trend has been DOWN since Feb 1st, 2018 at 946.979980
The intermediate term trend has been DOWN since Sep 4th, 2018 at 918.840027
The short term trend has been DOWN since Nov 28th, 2018 at 881.000000
Smart Scan Analysis for ITEITX
Based on a pre-defined weighted trend formula for chart analysis, ITEITX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||974.55||52wk High Date||2017-12-15|
|52wk Low||876.51||52wk Low Date||2018-11-02|
|Year End Close||968.76||Yield||4.78|