Mutual Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
INVESCO UNIT TR INVESTMENT GRADE INCOME TR 7+YEAR SRS 29 (NASDAQ:IGEMTX)
Long-Term Downtrend (-90) - IGEMTX is in a strong downtrend that is likely to continue. While IGEMTX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IGEMTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGEMTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IGEMTX
The long-term trend has been DOWN since Mar 12th, 2020 at 907.65
The intermediate-term trend has been DOWN since May 5th, 2021 at 882.25
The short-term trend has been DOWN since May 5th, 2021 at 882.32
Smart Scan Analysis for IGEMTX
Based on our trend formula, IGEMTX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||903.44||52wk High Date||2020-06-08|
|52wk Low||881.22||52wk Low Date||2021-03-08|
|Year End Close||889.85||Yield||3.52|