Mutual Trend Analysis Report
Prepared for you on Tuesday, July 25, 2017.
INSURED MUNIS INCOME TRUST SERIES 606 (NASDAQ:VKIRPX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 VKIRPX
The long term trend has been DOWN since Aug 29th, 2016 at 941.429993
The intermediate term trend has been DOWN since Jun 7th, 2017 at 892.950012
The short term trend has been DOWN since Jun 27th, 2017 at 886.369995
Smart Scan Analysis for VKIRPX
Based on a pre-defined weighted trend formula for chart analysis, VKIRPX scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||943.94||52wk High Date||2016-07-28|
|52wk Low||883.22||52wk Low Date||2017-07-11|
|Year End Close||912.929993||Yield||4.27|