Mutual Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
HIGH YIELD CORPORATE TRUST 4-7 YEAR SERIES 3 (NASDAQ:IHIGCX)
Long-Term Downtrend (-90) - IHIGCX is in a strong downtrend that is likely to continue. While IHIGCX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IHIGCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IHIGCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IHIGCX
The long-term trend has been DOWN since Feb 9th, 2021 at 302.94
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 168.82
The short-term trend has been DOWN since Nov 23rd, 2021 at 167.40
Smart Scan Analysis for IHIGCX
Based on our trend formula, IHIGCX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||308.82||52wk High Date||2021-02-05|
|52wk Low||166.34||52wk Low Date||2021-06-09|
|Year End Close||307.51||Yield||5.56|