Mutual Trend Analysis Report
Prepared for you on Tuesday, January 28, 2020.
INVESTMENT GRADE MUNICIPAL TRUST INTERMEDIATE SERIES 48 (NASDAQ:IAADJX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 IAADJX
The long term trend has been DOWN since Sep 13th, 2019 at 1091.73
The intermediate term trend has been UP since Dec 4th, 2019 at 1089.69
The short term trend has been UP since Jan 2nd, 2020 at 1089.08
Smart Scan Analysis for IAADJX
Based on a pre-defined weighted trend formula for chart analysis, IAADJX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1104.13||52wk High Date||2019-08-07|
|52wk Low||1081.15||52wk Low Date||2019-01-28|
|Year End Close||1089.01||Yield||3.44|