Mutual Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
Guggenheim Defined Portfolios, Series 1490 Guggenheim Investment Grade Corporate Trust 5-8 Year, Ser (NASDAQ:CIGIAX)
Bear Market Rally (-75) - CIGIAX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CIGIAX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CIGIAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CIGIAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CIGIAX
The long-term trend has been DOWN since Jan 14th, 2021 at 1065.02
The intermediate-term trend has been UP since Apr 14th, 2021 at 1019.62
The short-term trend has been DOWN since May 7th, 2021 at 1019.73
Smart Scan Analysis for CIGIAX
Based on our trend formula, CIGIAX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1074.08||52wk High Date||2021-01-08|
|52wk Low||985.28||52wk Low Date||2021-05-13|
|Year End Close||1073.78||Yield||3.56|