Mutual Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
QUALITY MUNIS INCOME TRUST 16TH LTD MATURITY SERIES (NASDAQ:VKQTYX)
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 VKQTYX
The long term trend has been DOWN since Dec 19th, 2014 at 993.489990
The intermediate term trend has been DOWN since Apr 25th, 2017 at 562.719971
The short term trend has been DOWN since Nov 9th, 2017 at 518.989990
Smart Scan Analysis for VKQTYX
Based on a pre-defined weighted trend formula for chart analysis, VKQTYX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||578.14||52wk High Date||2016-11-18|
|52wk Low||453.47||52wk Low Date||2017-11-17|
|Year End Close||574.469971||Yield||4.09|