Mutual Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
CLOSED-END STRATEGY: GLOBAL INCOME PORTFOLIO 2017-4 (INVESCO UNIT TRUS (NASDAQ:IGLOLX)
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 IGLOLX
The long term trend has been DOWN since Feb 5th, 2018 at 9.3497
The intermediate term trend has been UP since Jan 7th, 2019 at 7.8200
The short term trend has been UP since Feb 12th, 2019 at 8.3900
Smart Scan Analysis for IGLOLX
Based on a pre-defined weighted trend formula for chart analysis, IGLOLX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-01-11|
|52wk Low||7.36||52wk Low Date||2018-12-21|
|Year End Close||7.65||Payment Date||2018-12-25|