Mutual Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
THE FIRST TRUST COMBINED SERIES 489: INVESTMENT GRADE MULTI-ASSET INC (NASDAQ:FATIEX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 FATIEX
The long term trend has been DOWN since Jan 19th, 2018 at 1079.219971
The intermediate term trend has been UP since May 29th, 2018 at 1043.140015
The short term trend has been DOWN since Jun 20th, 2018 at 1040.010010
Smart Scan Analysis for FATIEX
Based on a pre-defined weighted trend formula for chart analysis, FATIEX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1106.12||52wk High Date||2017-12-15|
|52wk Low||1027.62||52wk Low Date||2018-05-17|
|Year End Close||1100.119995||Payment Date||2018-06-25|