Mutual Trend Analysis Report
Prepared for you on Tuesday, November 12, 2019.
HIGH YIELD CORPORATE TRUST 4-7 YEAR SERIES 12 (NASDAQ:IHYFRX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 IHYFRX
The long term trend has been DOWN since Jun 3rd, 2019 at 979.18
The intermediate term trend has been UP since Oct 28th, 2019 at 922.30
The short term trend has been DOWN since Oct 29th, 2019 at 922.22
Smart Scan Analysis for IHYFRX
Based on a pre-defined weighted trend formula for chart analysis, IHYFRX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1001.11||52wk High Date||2019-04-16|
|52wk Low||910.86||52wk Low Date||2019-08-14|
|Year End Close||936.13||Yield||6.4|