Mutual Trend Analysis Report
Prepared for you on Sunday, July 15, 2018.
FT 7075: STRATEGIC INCOME SELECT CLOSED-END PORTFOLIO SERIES 32 (NASDAQ:FCREBX)
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 FCREBX
The long term trend has been DOWN since Jan 29th, 2018 at 9.7309
The intermediate term trend has been DOWN since Jun 25th, 2018 at 9.2529
The short term trend has been UP since Jul 3rd, 2018 at 9.2422
Smart Scan Analysis for FCREBX
Based on a pre-defined weighted trend formula for chart analysis, FCREBX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.91||52wk High Date||2018-01-08|
|52wk Low||9.17||52wk Low Date||2018-03-23|
|Year End Close||9.8251||Payment Date||2018-07-25|