Mutual Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
UTILITY INCOME PORTFOLIO 2018-1 (INVESCO UNIT TRUSTS SERIES 1846) (NASDAQ:IUTLTX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 IUTLTX
The long term trend has been UP since Jun 27th, 2018 at 10.5931
The intermediate term trend has been UP since Apr 30th, 2019 at 11.6600
The short term trend has been DOWN since Jun 25th, 2019 at 12.3100
Smart Scan Analysis for IUTLTX
Based on a pre-defined weighted trend formula for chart analysis, IUTLTX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2018-12-13|
|52wk Low||10.57||52wk Low Date||2018-09-26|
|Year End Close||11.05||Payment Date||2018-12-25|