Mutual Trend Analysis Report
Prepared for you on Monday, April 22, 2019.
VY MORGAN STANLEY GLOBAL FRANCHISE PORTFOLIO ADVISER (NASDAQ:IGFAX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 IGFAX
The long term trend has been UP since Feb 15th, 2019 at 15.08
The intermediate term trend has been UP since Jan 15th, 2019 at 14.22
The short term trend has been DOWN since Apr 4th, 2019 at 16.15
Smart Scan Analysis for IGFAX
Based on a pre-defined weighted trend formula for chart analysis, IGFAX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-07-12|
|52wk Low||13.45||52wk Low Date||2018-12-24|
|Year End Close||14.01|