Mutual Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
INVESTMENT GRADE MUNICIPAL TRUST SRS 160 (NASDAQ:IGMNTX)
Long-Term Downtrend (-90) - IGMNTX is in a strong downtrend that is likely to continue. While IGMNTX 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 IGMNTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGMNTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IGMNTX
The long-term trend has been DOWN since Mar 12th, 2020 at 907.83
The intermediate-term trend has been DOWN since Feb 18th, 2021 at 761.40
The short-term trend has been DOWN since Feb 16th, 2021 at 762.51
Smart Scan Analysis for IGMNTX
Based on our trend formula, IGMNTX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||936.64||52wk High Date||2021-03-04|
|52wk Low||758.38||52wk Low Date||2021-03-02|
|Year End Close||761.69||Yield||4.18|