Mutual Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
HIGH YIELD CORPORATE TRUST 4-7 YEAR SERIES 1 (NASDAQ:IHYCTX)
Strong Downtrend (-100) - IHYCTX 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 IHYCTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IHYCTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IHYCTX
The long-term trend has been DOWN since May 24th, 2018 at 806.49
The intermediate-term trend has been DOWN since Apr 26th, 2021 at 247.40
The short-term trend has been DOWN since May 7th, 2021 at 247.04
Smart Scan Analysis for IHYCTX
Based on our trend formula, IHYCTX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||364.17||52wk High Date||2020-06-09|
|52wk Low||224.54||52wk Low Date||2021-05-07|
|Year End Close||272.65||Yield||6.34|