Mutual Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
VAN KAMPEN INVESTMENT GRADE MUNI TRUST SERIES 106 (NASDAQ:VKGEMX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 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 UP since Aug 29th, 2017 at 584.090027
Smart Scan Analysis for VKGEMX
Based on a pre-defined weighted trend formula for chart analysis, VKGEMX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||836.45||52wk High Date||2016-09-28|
|52wk Low||582.5||52wk Low Date||2017-09-21|
|Year End Close||816.869995||Yield||4.53|