Mutual Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
FT 6470: DOW TARGET DVD 1Q '17 - TERM 4/9/18 (NASDAQ:FBMRLX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 FBMRLX
The long term trend has been DOWN since May 17th, 2017 at 9.7195
The intermediate term trend has been UP since Sep 25th, 2017 at 10.0648
The short term trend has been UP since Sep 25th, 2017 at 10.0081
Smart Scan Analysis for FBMRLX
Based on a pre-defined weighted trend formula for chart analysis, FBMRLX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.25||52wk High Date||2017-10-12|
|52wk Low||9.65||52wk Low Date||2017-05-17|
|Year End Close||9.755||Payment Date||2017-10-25|