Stock Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
INVESCO TRUST FOR INVESTMENT GRADE MUNI (NYSE:VGM)
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 VGM
The long term trend has been DOWN since Oct 25th, 2017 at 13.29
The intermediate term trend has been UP since May 3rd, 2018 at 12.33
The short term trend has been DOWN since May 14th, 2018 at 12.30
Smart Scan Analysis for VGM
Based on a pre-defined weighted trend formula for chart analysis, VGM scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||13.32||Year High Date||2018-01-03|
|Year Low||12.09||Year Low Date||2018-03-23|
|52wk High||13.8||52wk High Date||2017-09-06|
|52wk Low||12.09||52wk Low Date||2018-03-23|
|Year End Close||15.22||Average Volume||125,917|