Mutual Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
BUILD AMERICA BONDS INCOME TRUST SERIES 20 (NASDAQ:VKBNDX)
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 VKBNDX
The long term trend has been DOWN since Jan 9th, 2019 at 797.91
The intermediate term trend has been DOWN since Mar 1st, 2019 at 791.47
The short term trend has been UP since Mar 12th, 2019 at 783.03
Smart Scan Analysis for VKBNDX
Based on a pre-defined weighted trend formula for chart analysis, VKBNDX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-03-29|
|52wk Low||782.2||52wk Low Date||2019-03-11|
|Year End Close||806.81||Yield||5.54|