Index Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
FIRST TRUST CALIFORNIA MUNI HIGH IN [ACCUMULATION DIVIDEND] (NASDAQ:FCAL.DV)
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 FCAL.DV
The long term trend has been DOWN since Jun 4th, 2018 at 2.33
The intermediate term trend has been UP since Jun 19th, 2018 at 0.43
The short term trend has been DOWN since at
Smart Scan Analysis for FCAL.DV
Based on a pre-defined weighted trend formula for chart analysis, FCAL.DV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).