Mutual Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
INVESTMENT GRADE CORPORATE TRUST 5-8 YEAR SERIES 20 (NASDAQ:IINGRX)
Long-Term Downtrend (-90) - IINGRX is in a strong downtrend that is likely to continue. While IINGRX 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 IINGRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IINGRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IINGRX
The long-term trend has been DOWN since Mar 8th, 2021 at 995.53
The intermediate-term trend has been DOWN since May 7th, 2021 at 994.51
The short-term trend has been DOWN since May 7th, 2021 at 996.83
Smart Scan Analysis for IINGRX
Based on our trend formula, IINGRX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1038.27||52wk High Date||2021-01-05|
|52wk Low||941.25||52wk Low Date||2020-05-18|
|Year End Close||1014.89||Yield||3.94|