Mutual Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
INSURED MUNIS INCOME TRUST SERIES 617 (NASDAQ:VKMITX)
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 VKMITX
The long term trend has been DOWN since Jul 6th, 2016 at 983.119995
The intermediate term trend has been DOWN since Jun 19th, 2017 at 932.070007
The short term trend has been UP since Aug 10th, 2017 at 930.640015
Smart Scan Analysis for VKMITX
Based on a pre-defined weighted trend formula for chart analysis, VKMITX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||975.18||52wk High Date||2016-08-18|
|52wk Low||928.31||52wk Low Date||2017-07-11|
|Year End Close||941.340027||Yield||4.14|