Mutual Trend Analysis Report
Prepared for you on Tuesday, October 17, 2017.
QUALITY MUNIS INCOME TRUST 29TH LTD MATURITY SERIES (NASDAQ:VKQTNX)
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 VKQTNX
The long term trend has been DOWN since Nov 13th, 2015 at 946.320007
The intermediate term trend has been DOWN since Jun 15th, 2017 at 559.659973
The short term trend has been UP since Aug 29th, 2017 at 558.260010
Smart Scan Analysis for VKQTNX
Based on a pre-defined weighted trend formula for chart analysis, VKQTNX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||785.6||52wk High Date||2016-10-17|
|52wk Low||555.94||52wk Low Date||2017-10-09|
|Year End Close||620.5||Yield||3.97|