Mutual Trend Analysis Report
Prepared for you on Tuesday, November 21, 2017.
VAN KAMPEN INVESTMENT GRADE MUNI TRUST SERIES 106 (NASDAQ:VKGEMX)
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 VKGEMX
The long term trend has been DOWN since Feb 26th, 2016 at 952.869995
The intermediate term trend has been DOWN since Jun 12th, 2017 at 712.700012
The short term trend has been DOWN since Nov 9th, 2017 at 580.809998
Smart Scan Analysis for VKGEMX
Based on a pre-defined weighted trend formula for chart analysis, VKGEMX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||821.35||52wk High Date||2016-11-21|
|52wk Low||578.83||52wk Low Date||2017-11-20|
|Year End Close||816.869995||Yield||4.53|