Mutual Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
GNMA INCOME PORTFOLIO SERIES 9 (NASDAQ:VKGMNX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 VKGMNX
The long term trend has been DOWN since Jun 13th, 2016 at 0.61187
The intermediate term trend has been DOWN since Jun 17th, 2017 at 0.53000
The short term trend has been UP since Apr 5th, 2019 at 0.43000
Smart Scan Analysis for VKGMNX
Based on a pre-defined weighted trend formula for chart analysis, VKGMNX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2019-05-24|
|52wk Low||0.43||52wk Low Date||2019-03-14|
|Year End Close||0.44||Yield||3.96|