Mutual Trend Analysis Report
Prepared for you on Saturday, October 19, 2019.
BUILD AMERICA BONDS INCOME TRUST SERIES 61 (NASDAQ:VKAABX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 VKAABX
The long term trend has been UP since Mar 25th, 2019 at 941.37
The intermediate term trend has been DOWN since Sep 9th, 2019 at 967.80
The short term trend has been DOWN since Oct 9th, 2019 at 963.05
Smart Scan Analysis for VKAABX
Based on a pre-defined weighted trend formula for chart analysis, VKAABX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||975.49000000||52wk High Date||2019-08-28|
|52wk Low||921.81000000||52wk Low Date||2018-11-08|
|Year End Close||931.92000000||Yield||5.72000000|