Mutual Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
INVESTMENT GRADE CORPORATE TRUST 5-8 YEAR SERIES 22 (NASDAQ:IGRCFX)
Long-Term Downtrend (-90) - IGRCFX is in a strong downtrend that is likely to continue. While IGRCFX 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 IGRCFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGRCFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IGRCFX
The long-term trend has been DOWN since Apr 8th, 2021 at 1015.05
The intermediate-term trend has been DOWN since May 7th, 2021 at 949.54
The short-term trend has been DOWN since Jun 14th, 2021 at 841.50
Smart Scan Analysis for IGRCFX
Based on our trend formula, IGRCFX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1020.88||52wk High Date||2021-02-16|
|52wk Low||839.61||52wk Low Date||2021-06-17|
|Year End Close||1017.48||Yield||3.97|