Mutual Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
INVESTMENT GRADE INCOME TRUST 7-13 YEAR SERIES 58 (NASDAQ:IGVVTX)
Bear Market Rally (-75) - IGVVTX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IGVVTX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid IGVVTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGVVTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IGVVTX
The long-term trend has been DOWN since Feb 25th, 2021 at 1118.76
The intermediate-term trend has been UP since Apr 6th, 2021 at 1111.20
The short-term trend has been DOWN since May 11th, 2021 at 1115.94
Smart Scan Analysis for IGVVTX
Based on our trend formula, IGVVTX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1156.88||52wk High Date||2021-05-17|
|52wk Low||1081.61||52wk Low Date||2020-05-18|
|Year End Close||1134.15||Yield||3.26|