Mutual Trend Analysis Report
Prepared for you on Wednesday, December 11, 2019.
INVESTMENT GRADE CORPORATE TRUST 3-7 YEAR SERIES 9 (NASDAQ:IIGCRX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
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 IIGCRX
The long term trend has been DOWN since Mar 7th, 2019 at 914.68
The intermediate term trend has been DOWN since Nov 7th, 2019 at 749.21
The short term trend has been UP since Nov 26th, 2019 at 556.34
Smart Scan Analysis for IIGCRX
Based on a pre-defined weighted trend formula for chart analysis, IIGCRX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||929.36||52wk High Date||2019-03-06|
|52wk Low||504.53||52wk Low Date||2019-12-09|
|Year End Close||916.15||Yield||3.22|