Mutual Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
IVY MICRO CAP GROWTH FUND CL R (NASDAQ:IYMRX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 UP since Apr 24th, 2017 at 23.67
The intermediate term trend has been UP since May 25th, 2017 at 23.99
The short term trend has been DOWN since Jun 9th, 2017 at 24.60
Smart Scan Analysis for IYMRX
Based on a pre-defined weighted trend formula for chart analysis, IYMRX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||24.87||52wk High Date||2017-06-02|
|52wk Low||19.39||52wk Low Date||2016-06-28|
|Year End Close||23.23||Payment Date||2016-12-08|