Mutual Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
INSURED MUNICIPALS INCOME TRUST SERIES 629 (NASDAQ:VKMTWX)
Long-Term Downtrend (-90) - VKMTWX is in a strong downtrend that is likely to continue. While VKMTWX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid VKMTWX?
MarketClub looks at technical strength and momentum to determine if the timing is right for VKMTWX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VKMTWX
The long-term trend has been DOWN since Dec 19th, 2018 at 681.58
The intermediate-term trend has been DOWN since Nov 5th, 2021 at 99.70
The short-term trend has been DOWN since Nov 18th, 2021 at 99.64
Smart Scan Analysis for VKMTWX
Based on our trend formula, VKMTWX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||299.59||52wk High Date||2020-11-30|
|52wk Low||98.86||52wk Low Date||2021-08-13|
|Year End Close||298.43||Yield||4.45|