Mutual Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
INVESTMENT GRADE INCOME TRUST 7+ YEAR SERIES 8 (NASDAQ:VKIGGX)
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 VKIGGX
The long term trend has been DOWN since Jul 3rd, 2017 at 941.900024
The intermediate term trend has been DOWN since Aug 28th, 2018 at 905.830017
The short term trend has been DOWN since Sep 19th, 2018 at 903.000000
Smart Scan Analysis for VKIGGX
Based on a pre-defined weighted trend formula for chart analysis, VKIGGX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||941.87||52wk High Date||2017-10-16|
|52wk Low||902.45||52wk Low Date||2018-09-19|
|Year End Close||931.12||Yield||4.5|