Mutual Trend Analysis Report
Prepared for you on Tuesday, July 25, 2017.
QUALITY MUNIS INCOME TRUST 16TH LTD MATURITY SERIES (NASDAQ:VKQTYX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 VKQTYX
The long term trend has been DOWN since Nov 5th, 2014 at 995.599976
The intermediate term trend has been DOWN since Apr 25th, 2017 at 562.719971
The short term trend has been DOWN since Jun 5th, 2017 at 562.570007
Smart Scan Analysis for VKQTYX
Based on a pre-defined weighted trend formula for chart analysis, VKQTYX scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||591.61||52wk High Date||2016-07-29|
|52wk Low||559.5||52wk Low Date||2017-07-10|
|Year End Close||574.469971||Yield||4.09|