Mutual Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
INVESTMENT GRADE MUNICIPAL TRUST 7-13 YEAR SERIES 63 (NASDAQ:IGRMUX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 IGRMUX
The long term trend has been UP since Dec 6th, 2018 at 1069.720000
The intermediate term trend has been UP since Nov 16th, 2018 at 1055.670016
The short term trend has been DOWN since Mar 14th, 2019 at 1089.170000
Smart Scan Analysis for IGRMUX
Based on a pre-defined weighted trend formula for chart analysis, IGRMUX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-02-08|
|52wk Low||1051.12||52wk Low Date||2018-11-06|
|Year End Close||1074.89||Yield||3.37|