Mutual Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
VAN KAMPEN INVESTMENT GRADE MUNICIPAL TR SRS 104 (NASDAQ:VKIGRX)
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 VKIGRX
The long term trend has been DOWN since Jul 21st, 2016 at 960.609985
The intermediate term trend has been DOWN since May 22nd, 2019 at 357.320000
The short term trend has been UP since May 28th, 2019 at 357.340000
Smart Scan Analysis for VKIGRX
Based on a pre-defined weighted trend formula for chart analysis, VKIGRX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2019-05-24|
|52wk Low||357.19||52wk Low Date||2019-04-23|
|Year End Close||575.97||Yield||4.54|