Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
iShares S&P NATIONAL MUNI-BOND IOPV (PACF:MUB.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 MUB.IV
The long term trend has been DOWN since Sep 7th, 2018 at 108.3253
The intermediate term trend has been DOWN since Aug 1st, 2018 at 108.6599
The short term trend has been UP since Oct 18th, 2018 at 107.0318
Smart Scan Analysis for MUB.IV
Based on a pre-defined weighted trend formula for chart analysis, MUB.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||111.3556||52wk High Date||2017-10-19|
|52wk Low||105.9572||52wk Low Date||2018-10-05|