Mutual Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
FT 6470: DOW TARGET DVD 1Q '17 - TERM 4/9/18 (NASDAQ:FBMRLX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 Jan 10th, 2018 at 10.0605
The intermediate term trend has been DOWN since Feb 5th, 2018 at 9.9996
The short term trend has been UP since Feb 12th, 2018 at 9.6056
Smart Scan Analysis for FBMRLX
Based on a pre-defined weighted trend formula for chart analysis, FBMRLX scored -65 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||2018-02-25|