Mutual Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
INSURED MUNICIPALS INCOME TR SRS 653 (NASDAQ:VGIMPX)
Bear Market Rally (-75) - VGIMPX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VGIMPX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid VGIMPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for VGIMPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VGIMPX
The long-term trend has been DOWN since Oct 11th, 2019 at 834.04
The intermediate-term trend has been DOWN since Aug 20th, 2020 at 787.16
The short-term trend has been UP since Sep 17th, 2020 at 785.55
Smart Scan Analysis for VGIMPX
Based on our trend formula, VGIMPX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||842.17||52wk High Date||2019-10-08|
|52wk Low||752.46||52wk Low Date||2020-03-20|
|Year End Close||828.58||Yield||3.77|