Mutual Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
INVESTMENT GRADE CORPORATE TRUST 3-7 YEAR SERIES 17 (NASDAQ:IGTHTX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 IGTHTX
The long term trend has been DOWN since Oct 9th, 2019 at 839.21
The intermediate term trend has been UP since Jan 3rd, 2020 at 730.28
The short term trend has been DOWN since Jan 24th, 2020 at 730.53
Smart Scan Analysis for IGTHTX
Based on a pre-defined weighted trend formula for chart analysis, IGTHTX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||875.02||52wk High Date||2019-03-06|
|52wk Low||729.47||52wk Low Date||2019-12-18|
|Year End Close||730.16||Yield||3.24|