Mutual Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
IVY ASSET STRATEGY FUND CL I (NASDAQ:IVAEX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 IVAEX
The long term trend has been UP since Jan 25th, 2017 at 21.34
The intermediate term trend has been UP since Aug 27th, 2018 at 25.15
The short term trend has been UP since Sep 18th, 2018 at 24.89
Smart Scan Analysis for IVAEX
Based on a pre-defined weighted trend formula for chart analysis, IVAEX scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||25.97||52wk High Date||2018-01-26|
|52wk Low||23.76||52wk Low Date||2017-12-14|
|Year End Close||24.15||Payment Date||2018-09-13|