Mutual Trend Analysis Report
Prepared for you on Friday, September 21, 2018.
FT 6198: UTIL SELECT PORTFOLIO SERIES 39 (NASDAQ:FBOAEX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 FBOAEX
The long term trend has been UP since May 4th, 2018 at 10.4798
The intermediate term trend has been UP since Jun 25th, 2018 at 10.4650
The short term trend has been UP since Jul 26th, 2018 at 10.6744
Smart Scan Analysis for FBOAEX
Based on a pre-defined weighted trend formula for chart analysis, FBOAEX scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.49||52wk High Date||2017-11-30|
|52wk Low||9.39||52wk Low Date||2018-02-08|
|Year End Close||10.594||Payment Date||2018-07-25|