Mutual Trend Analysis Report
Prepared for you on Sunday, December 10, 2017.
INSURED MUNIS INCOME TRUST SERIES 617 (NASDAQ:VKMITX)
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 VKMITX
The long term trend has been DOWN since Jul 6th, 2016 at 983.119995
The intermediate term trend has been DOWN since Sep 20th, 2017 at 929.520020
The short term trend has been DOWN since Oct 24th, 2017 at 926.760010
Smart Scan Analysis for VKMITX
Based on a pre-defined weighted trend formula for chart analysis, VKMITX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||946.87||52wk High Date||2017-01-12|
|52wk Low||868.73||52wk Low Date||2017-12-08|
|Year End Close||941.340027||Yield||4.14|