Mutual Trend Analysis Report
Prepared for you on Tuesday, March 19, 2019.
INVESTMENT GRADE MUNICIPAL TRUST 10-20 YEAR SERIES 11 (NASDAQ:IGUNTX)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 IGUNTX
The long term trend has been UP since Dec 20th, 2018 at 1030.099968
The intermediate term trend has been UP since Feb 7th, 2019 at 1037.750000
The short term trend has been UP since Mar 6th, 2019 at 1041.220000
Smart Scan Analysis for IGUNTX
Based on a pre-defined weighted trend formula for chart analysis, IGUNTX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-02-08|
|52wk Low||992.56||52wk Low Date||2018-11-06|
|Year End Close||1032.96||Yield||3.37|