Mutual Trend Analysis Report
Prepared for you on Thursday, September 19, 2019.
VAN KAMPEN INVESTMENT GRADE MUNICIPAL TR SRS 104 (NASDAQ:VKIGRX)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Sep 15th, 2016 at 955.52
The intermediate term trend has been DOWN since Aug 8th, 2019 at 248.29
The short term trend has been DOWN since Aug 30th, 2019 at 216.20
Smart Scan Analysis for VKIGRX
Based on a pre-defined weighted trend formula for chart analysis, VKIGRX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||613.28||52wk High Date||2018-09-17|
|52wk Low||213.99||52wk Low Date||2019-09-16|
|Year End Close||575.97||Yield||4.54|