Mutual Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
INVESTMENT GRADE INCOME TRUST 10-20 YEAR SERIES 28 (NASDAQ:VGDMTX)
Sidelines Mode (-55) - VGDMTX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid VGDMTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for VGDMTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VGDMTX
The long-term trend has been DOWN since Aug 7th, 2020 at 932.50
The intermediate-term trend has been DOWN since Aug 7th, 2020 at 934.05
The short-term trend has been UP since Sep 17th, 2020 at 863.81
Smart Scan Analysis for VGDMTX
Based on our trend formula, VGDMTX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1007.44||52wk High Date||2020-03-06|
|52wk Low||859.11||52wk Low Date||2020-08-13|
|Year End Close||943.7||Yield||4.31|