Mutual Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
BUILD AMERICA BONDS INCOME TRUST SRS 58 (NASDAQ:VKBFEX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 VKBFEX
The long term trend has been DOWN since Nov 7th, 2019 at 1014.05
The intermediate term trend has been DOWN since Dec 10th, 2019 at 1016.77
The short term trend has been UP since Jan 10th, 2020 at 1012.16
Smart Scan Analysis for VKBFEX
Based on a pre-defined weighted trend formula for chart analysis, VKBFEX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1048.34||52wk High Date||2019-08-28|
|52wk Low||971.58||52wk Low Date||2019-01-18|
|Year End Close||1009.97||Yield||5.36|