Mutual Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
ADVISORS DISCIPLINED TRUST 387 BUILD AMERICA BOND PR T SERIES 2 (NASDAQ:AAMBBX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 AAMBBX
The long term trend has been DOWN since Jan 19th, 2018 at 925.130005
The intermediate term trend has been UP since Mar 14th, 2018 at 913.359985
The short term trend has been UP since Mar 27th, 2018 at 913.140015
Smart Scan Analysis for AAMBBX
Based on a pre-defined weighted trend formula for chart analysis, AAMBBX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||952.32||52wk High Date||2017-09-07|
|52wk Low||902.719971||52wk Low Date||2018-04-24|
|Year End Close||940.039978||Yield||5.1|