Mutual Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
INVESTMENT GRADE INCOME TRUST 10-20-YEAR SERIES 9 (NASDAQ:VKGNIX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 VKGNIX
The long term trend has been DOWN since Jan 9th, 2018 at 973.609985
The intermediate term trend has been DOWN since Sep 4th, 2018 at 938.550016
The short term trend has been DOWN since Nov 26th, 2018 at 920.449984
Smart Scan Analysis for VKGNIX
Based on a pre-defined weighted trend formula for chart analysis, VKGNIX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||987.63||52wk High Date||2017-12-06|
|52wk Low||912.32||52wk Low Date||2018-11-02|
|Year End Close||981.179968||Yield||5.34|