Mutual Trend Analysis Report
Prepared for you on Wednesday, February 26, 2020.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 1462 GUGGENHEIM INVESTMENT GRADE (NASDAQ:CGIGFX)
Sidelines Mode (-55) - CGIGFX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CGIGFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CGIGFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CGIGFX
The long-term trend has been DOWN since Apr 12th, 2019 at 1006.47
The intermediate-term trend has been DOWN since Oct 25th, 2019 at 957.48
The short-term trend has been UP since Feb 21st, 2020 at 918.67
Smart Scan Analysis for CGIGFX
Based on our trend formula, CGIGFX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1017.82||52wk High Date||2019-03-13|
|52wk Low||918.05||52wk Low Date||2020-02-11|
|Year End Close||956.97||Yield||3.4|