Mutual Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
FT 6789: HIGH DIVIDEND EQUITY ALLOCATION PORTFOLIO SERIES 24 (NASDAQ:FBVGKX)
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 FBVGKX
The long term trend has been DOWN since Mar 23rd, 2018 at 10.3496
The intermediate term trend has been DOWN since Sep 11th, 2018 at 10.4449
The short term trend has been UP since Sep 13th, 2018 at 10.4592
Smart Scan Analysis for FBVGKX
Based on a pre-defined weighted trend formula for chart analysis, FBVGKX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.45||52wk High Date||2018-01-26|
|52wk Low||10.09||52wk Low Date||2017-11-15|
|Year End Close||10.6128||Payment Date||2018-09-25|