Mutual Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
INVESTMENT GRADE CORPORATE TRUST 3-7 YEAR SERIES 8 (NASDAQ:IGSCEX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 IGSCEX
The long term trend has been DOWN since May 9th, 2019 at 896.11
The intermediate term trend has been UP since Aug 1st, 2019 at 893.63
The short term trend has been DOWN since Aug 6th, 2019 at 894.15
Smart Scan Analysis for IGSCEX
Based on a pre-defined weighted trend formula for chart analysis, IGSCEX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-05-29|
|52wk Low||886.48||52wk Low Date||2018-12-21|
|Year End Close||889.3||Yield||3.07|