Analyze Symbol

Mutual Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

IVY BALANCED FUND CLASS R (NASDAQ:IYBFX)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

NASDAQ_IYBFX
Open High Low IYBFX Price Change
24.83 24.89 24.89 24.89 +0.06
Entry Signal

MarketClub’s Trade Triangles for IYBFX

long term up The long term trend has been UP since Apr 1st, 2019 at 23.54

intermediate term up The intermediate term trend has been UP since Jan 9th, 2020 at 24.57

short term up The short term trend has been UP since Jan 2nd, 2020 at 24.50

Smart Scan Analysis for IYBFX

Based on a pre-defined weighted trend formula for chart analysis, IYBFX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for IYBFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.83 24.89 24.89 24.89 +0.06
Prev. Close Volume Bid Ask Time
24.83 0 24.89 24.89 2020-01-17 20:00:00
52wk High25.6652wk High Date2019-12-11
52wk Low22.2952wk Low Date2019-01-23
Year End Close24.39Payment Date2019-12-12
Get a free daily report for IVY BALANCED FUND CLASS R (IYBFX) - Free Trend Analysis Report.