Mutual Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
INVESTMENT GRADE MUNICIPAL TRUST 10-20 YEAR SERIES 7 (NASDAQ:IIVGMX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 IIVGMX
The long term trend has been UP since Dec 20th, 2018 at 1042.060032
The intermediate term trend has been UP since Apr 25th, 2019 at 1066.190000
The short term trend has been UP since Aug 27th, 2019 at 1113.020000
Smart Scan Analysis for IIVGMX
Based on a pre-defined weighted trend formula for chart analysis, IIVGMX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1115.25||52wk High Date||2019-08-16|
|52wk Low||1012.67||52wk Low Date||2018-11-06|
|Year End Close||1045.16||Yield||3.45|