Mutual Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
INVESCO UNIT TR INVESTMENT GRADE MUNICIPAL TR INTERMEDIATE SRS 42 (NASDAQ:IGMISX)
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 IGMISX
The long term trend has been UP since Jan 2nd, 2019 at 885.00
The intermediate term trend has been UP since May 6th, 2019 at 889.34
The short term trend has been DOWN since Jun 28th, 2019 at 894.10
Smart Scan Analysis for IGMISX
Based on a pre-defined weighted trend formula for chart analysis, IGMISX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2019-05-24|
|52wk Low||877.74||52wk Low Date||2018-11-07|
|Year End Close||884.95||Yield||3.55|