Mutual Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
BLACKROCK MUNI YIELD QUALITY FUND III (NASDAQ:XMYIX)
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 XMYIX
The long term trend has been DOWN since Nov 20th, 2017 at 14.44
The intermediate term trend has been DOWN since Jul 24th, 2018 at 14.00
The short term trend has been UP since Aug 10th, 2018 at 13.95
Smart Scan Analysis for XMYIX
Based on a pre-defined weighted trend formula for chart analysis, XMYIX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||14.66||52wk High Date||2017-09-08|
|52wk Low||13.81||52wk Low Date||2018-04-25|
|Year End Close||14.49||Payment Date||2018-09-04|