Mutual Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
UTILITY INCOME PORTFOLIO 2017-4 (INVESCO UNIT TRUSTS SERIES 1820) (NASDAQ:IUTICX)
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 IUTICX
The long term trend has been DOWN since Dec 24th, 2018 at 9.100
The intermediate term trend has been DOWN since Dec 21st, 2018 at 9.508
The short term trend has been DOWN since Jan 14th, 2019 at 9.210
Smart Scan Analysis for IUTICX
Based on a pre-defined weighted trend formula for chart analysis, IUTICX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2017-11-30|
|52wk Low||8.22||52wk Low Date||2018-02-08|
|Year End Close||9.31||Payment Date||2018-12-25|