Mutual Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
INVESTMENT GRADE MUNICIPAL TR INTERMEDIATE SRS 39 (NASDAQ:VGMLIX)
Strong Downtrend (-100) - VGMLIX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid VGMLIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for VGMLIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VGMLIX
The long-term trend has been DOWN since Mar 12th, 2020 at 793.91
The intermediate-term trend has been DOWN since Aug 7th, 2020 at 773.58
The short-term trend has been DOWN since Sep 10th, 2020 at 712.30
Smart Scan Analysis for VGMLIX
Based on our trend formula, VGMLIX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||798.42||52wk High Date||2020-03-09|
|52wk Low||711.95||52wk Low Date||2020-09-18|
|Year End Close||793.91||Yield||3.16|