Mutual Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
FT 7075: STRATEGIC INCOME SELECT CLOSED-END PORTFOLIO SERIES 32 (NASDAQ:FCREBX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 FCREBX
The long term trend has been UP since Dec 19th, 2017 at 9.7750
The intermediate term trend has been DOWN since Jan 18th, 2018 at 9.7776
The short term trend has been DOWN since Jan 16th, 2018 at 9.8216
Smart Scan Analysis for FCREBX
Based on a pre-defined weighted trend formula for chart analysis, FCREBX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.91||52wk High Date||2018-01-08|
|52wk Low||9.73||52wk Low Date||2017-12-12|
|Year End Close||9.8251||Payment Date||2018-01-25|