Mutual Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
FT 6571: CORPORATE HIGH INCOME PORTFOLIO SERIES 24 (NASDAQ:FCMWBX)
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 FCMWBX
The long term trend has been DOWN since Jul 5th, 2017 at 1036.000000
The intermediate term trend has been DOWN since Oct 4th, 2018 at 991.249984
The short term trend has been UP since Jan 8th, 2019 at 968.730000
Smart Scan Analysis for FCMWBX
Based on a pre-defined weighted trend formula for chart analysis, FCMWBX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2017-12-13|
|52wk Low||965.57||52wk Low Date||2018-12-27|
|Year End Close||969.03||Payment Date||2018-12-25|