Mutual Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
FT 6470: DOW TARGET DVD 1Q '17 - TERM 4/9/18 (NASDAQ:FBMRLX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 FBMRLX
The long term trend has been DOWN since Jan 10th, 2018 at 10.0605
The intermediate term trend has been DOWN since Mar 23rd, 2018 at 9.6676
The short term trend has been UP since Mar 26th, 2018 at 9.5518
Smart Scan Analysis for FBMRLX
Based on a pre-defined weighted trend formula for chart analysis, FBMRLX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.47||52wk High Date||2017-11-30|
|52wk Low||9.42||52wk Low Date||2018-02-08|
|Year End Close||10.1772||Payment Date||2018-03-25|