Mutual Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
QUALITY MUNIS INCOME TRUST 16TH LTD MATURITY SERIES (NASDAQ:VKQTYX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 UP since May 17th, 2017 at 562.289978
Smart Scan Analysis for VKQTYX
Based on a pre-defined weighted trend formula for chart analysis, VKQTYX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||686.26||52wk High Date||2016-06-03|
|52wk Low||562.11||52wk Low Date||2017-05-09|
|Year End Close||574.469971||Yield||4.09|