Mutual Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
INVESTMENT GRADE INCOME TRUST 10- 20 YEAR SERIES 60 (NASDAQ:IGINMX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 IGINMX
The long term trend has been DOWN since Nov 8th, 2019 at 1210.15
The intermediate term trend has been UP since Nov 20th, 2019 at 1235.56
The short term trend has been UP since Dec 3rd, 2019 at 1241.77
Smart Scan Analysis for IGINMX
Based on a pre-defined weighted trend formula for chart analysis, IGINMX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1261.41||52wk High Date||2019-08-27|
|52wk Low||1085.79||52wk Low Date||2018-12-27|
|Year End Close||1094.41||Yield||4.12|