Mutual Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
INSURED MUNIS INCOME TRUST SERIES 626 (NASDAQ:VKMESX)
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 VKMESX
The long term trend has been DOWN since Aug 2nd, 2016 at 1050.819946
The intermediate term trend has been DOWN since Jan 30th, 2017 at 992.640015
The short term trend has been UP since May 17th, 2017 at 987.049988
Smart Scan Analysis for VKMESX
Based on a pre-defined weighted trend formula for chart analysis, VKMESX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1054.73||52wk High Date||2016-06-27|
|52wk Low||986.82||52wk Low Date||2017-05-09|
|Year End Close||992.159973||Yield||4.39|