Mutual Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
IVY MICRO CAP GROWTH FUND CL R (NASDAQ:IYMRX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 IYMRX
The long term trend has been DOWN since Aug 17th, 2017 at 23.18
The intermediate term trend has been UP since Nov 21st, 2017 at 24.52
The short term trend has been UP since Nov 16th, 2017 at 23.64
Smart Scan Analysis for IYMRX
Based on a pre-defined weighted trend formula for chart analysis, IYMRX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||25.26||52wk High Date||2017-07-14|
|52wk Low||22.39||52wk Low Date||2017-03-09|
|Year End Close||23.23||Payment Date||2016-12-08|