Mutual Trend Analysis Report
Prepared for you on Thursday, April 18, 2019.
INVESTMENT GRADE MUNICIPAL TRUST 7-13 YEAR SERIES 69 (NASDAQ:IMUTNX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 IMUTNX
The long term trend has been UP since Dec 6th, 2018 at 1069.969984
The intermediate term trend has been DOWN since Apr 15th, 2019 at 1102.200000
The short term trend has been DOWN since Apr 15th, 2019 at 1102.350000
Smart Scan Analysis for IMUTNX
Based on a pre-defined weighted trend formula for chart analysis, IMUTNX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-02-15|
|52wk Low||1043.76||52wk Low Date||2018-11-06|
|Year End Close||1077.76||Yield||3.26|