Mutual Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
UTILITY INCOME PORTFOLIO 2018-1 (INVESCO UNIT TRUSTS SERIES 1846) (NASDAQ:IUTLTX)
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 IUTLTX
The long term trend has been UP since Jun 27th, 2018 at 10.5931
The intermediate term trend has been UP since Mar 4th, 2019 at 11.4600
The short term trend has been DOWN since Mar 19th, 2019 at 11.6600
Smart Scan Analysis for IUTLTX
Based on a pre-defined weighted trend formula for chart analysis, IUTLTX scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-12-13|
|52wk Low||9.83||52wk Low Date||2018-06-11|
|Year End Close||11.05||Payment Date||2018-12-25|