Mutual Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
FT 6789: HIGH DIVIDEND EQUITY ALLOCATION PORTFOLIO SERIES 24 (NASDAQ:FBVGKX)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 FBVGKX
The long term trend has been DOWN since Mar 23rd, 2018 at 10.3496
The intermediate term trend has been DOWN since May 29th, 2018 at 10.5824
The short term trend has been DOWN since Jun 12th, 2018 at 10.7560
Smart Scan Analysis for FBVGKX
Based on a pre-defined weighted trend formula for chart analysis, FBVGKX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.45||52wk High Date||2018-01-26|
|52wk Low||9.68||52wk Low Date||2017-07-06|
|Year End Close||10.6128||Payment Date||2018-06-25|