Mutual Trend Analysis Report
Prepared for you on Wednesday, September 23, 2020.
HIGH INCOME INVESTMENT GRADE TRUST SERIES 6 (NASDAQ:IHNGRX)
Strong Downtrend (-100) - IHNGRX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IHNGRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IHNGRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IHNGRX
The long-term trend has been DOWN since Aug 7th, 2020 at 560.02
The intermediate-term trend has been DOWN since Aug 7th, 2020 at 576.95
The short-term trend has been DOWN since Sep 16th, 2020 at 393.81
Smart Scan Analysis for IHNGRX
Based on our trend formula, IHNGRX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||907.27||52wk High Date||2019-10-23|
|52wk Low||392.71||52wk Low Date||2020-09-09|
|Year End Close||904.32||Yield||5.23|