Mutual Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
FT 6789: HIGH DIVIDEND EQUITY ALLOCATION PORTFOLIO SERIES 24 (NASDAQ:FBVGKX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 FBVGKX
The long term trend has been DOWN since Mar 23rd, 2018 at 10.3496
The intermediate term trend has been DOWN since Nov 20th, 2018 at 9.7726
The short term trend has been UP since Nov 26th, 2018 at 9.7188
Smart Scan Analysis for FBVGKX
Based on a pre-defined weighted trend formula for chart analysis, FBVGKX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.45||52wk High Date||2018-01-26|
|52wk Low||9.7188||52wk Low Date||2018-11-23|
|Year End Close||10.6128||Payment Date||2018-11-25|