Mutual Trend Analysis Report
Prepared for you on Monday, December 17, 2018.
INTERMEDIATE CORPORATE INVESTMENT GRADE TRUST SERIES 58 (NASDAQ:VKIMRX)
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 VKIMRX
The long term trend has been DOWN since Sep 13th, 2016 at 960.130005
The intermediate term trend has been DOWN since Aug 27th, 2018 at 785.380005
The short term trend has been UP since Nov 26th, 2018 at 713.249984
Smart Scan Analysis for VKIMRX
Based on a pre-defined weighted trend formula for chart analysis, VKIMRX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||918.71||52wk High Date||2017-12-13|
|52wk Low||713.03||52wk Low Date||2018-11-15|
|Year End Close||915.96||Yield||3.76|