Index Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
iShares S&P NATIONAL MUNI-BOND IOPV (PACF:MUB.IV)
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 MUB.IV
The long term trend has been DOWN since Nov 24th, 2017 at 110.2400
The intermediate term trend has been DOWN since Jan 19th, 2018 at 109.7916
The short term trend has been UP since Jan 22nd, 2018 at 110.1872
Smart Scan Analysis for MUB.IV
Based on a pre-defined weighted trend formula for chart analysis, MUB.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||111.5249||52wk High Date||2017-09-07|
|52wk Low||107.6981||52wk Low Date||2017-03-13|