Mutual Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
THE FIRST TRUST COMBINED SERIES 489: INVESTMENT GRADE MULTI-ASSET INCO (NASDAQ:FATIEX)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 FATIEX
The long term trend has been UP since Jan 3rd, 2019 at 1028.46
The intermediate term trend has been UP since Dec 4th, 2018 at 1014.30
The short term trend has been UP since Jan 9th, 2019 at 1026.03
Smart Scan Analysis for FATIEX
Based on a pre-defined weighted trend formula for chart analysis, FATIEX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2017-12-15|
|52wk Low||1002.81||52wk Low Date||2018-11-28|
|Year End Close||1023.21||Payment Date||2018-12-25|