Mutual Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
INVESTMENT GRADE INCOME TRUST 7+ YEAR SERIES 17 (NASDAQ:VKSVSX)
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 VKSVSX
The long term trend has been DOWN since Oct 26th, 2017 at 946.979980
The intermediate term trend has been DOWN since Sep 7th, 2018 at 915.729984
The short term trend has been UP since Sep 26th, 2018 at 911.809984
Smart Scan Analysis for VKSVSX
Based on a pre-defined weighted trend formula for chart analysis, VKSVSX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||949.66||52wk High Date||2017-11-06|
|52wk Low||907.55||52wk Low Date||2018-10-17|
|Year End Close||941.64||Yield||3.79|