Mutual Trend Analysis Report
Prepared for you on Tuesday, September 25, 2018.
INVESTMENT GRADE INCOME TRUST 7 + YEAR SERIES 12 (NASDAQ:VKGENX)
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 VKGENX
The long term trend has been DOWN since Jul 3rd, 2017 at 965.119995
The intermediate term trend has been DOWN since Sep 7th, 2018 at 878.720000
The short term trend has been DOWN since Sep 18th, 2018 at 875.510016
Smart Scan Analysis for VKGENX
Based on a pre-defined weighted trend formula for chart analysis, VKGENX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||966.19||52wk High Date||2017-11-06|
|52wk Low||874.23||52wk Low Date||2018-09-20|
|Year End Close||954.6||Yield||4.38|