Mutual Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
RATIONAL INFLATION GROWTH FUND CL A (NASDAQ:IGOAX)
Bear Market Rally (-75) - IGOAX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IGOAX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid IGOAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGOAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IGOAX
The long-term trend has been DOWN since May 9th, 2022 at 9.80
The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 10.69
The short-term trend has been UP since May 13th, 2022 at 9.68
Smart Scan Analysis for IGOAX
Based on our trend formula, IGOAX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.04||52wk High Date||2022-03-25|
|52wk Low||9.45||52wk Low Date||2021-12-20|
|Year End Close||9.79|