Index Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
iShares S&P NATIONAL MUNI-BOND IOPV (PACF:MUB.IV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 MUB.IV
The long term trend has been UP since Apr 17th, 2017 at 109.3906
The intermediate term trend has been DOWN since Nov 1st, 2017 at 110.5726
The short term trend has been DOWN since Nov 13th, 2017 at 110.8350
Smart Scan Analysis for MUB.IV
Based on a pre-defined weighted trend formula for chart analysis, MUB.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||111.5249||52wk High Date||2017-09-07|
|52wk Low||106.5048||52wk Low Date||2016-12-05|