Mutual Trend Analysis Report
Prepared for you on Saturday, September 19, 2020.
IVY NATURAL RESOURCES FUND CLASS A (NASDAQ:IGNAX)
Sidelines Mode (-55) - IGNAX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IGNAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGNAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IGNAX
The long-term trend has been UP since Jul 27th, 2020 at 10.49
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 10.42
The short-term trend has been UP since Sep 9th, 2020 at 10.40
Smart Scan Analysis for IGNAX
Based on our trend formula, IGNAX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.89||52wk High Date||2019-12-26|
|52wk Low||6.81||52wk Low Date||2020-03-23|
|Year End Close||12.82||Payment Date||2019-12-12|