Mutual Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
FT 6579: SENIOR LOAN CLOSED-END & ETF PORTFOLIO SERIES 16 (NASDAQ:FEAHRX)
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 FEAHRX
The long term trend has been DOWN since Jun 25th, 2018 at 9.2409
The intermediate term trend has been DOWN since May 9th, 2018 at 9.3035
The short term trend has been UP since Sep 10th, 2018 at 9.1491
Smart Scan Analysis for FEAHRX
Based on a pre-defined weighted trend formula for chart analysis, FEAHRX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.38||52wk High Date||2017-10-03|
|52wk Low||9.14||52wk Low Date||2017-11-14|
|Year End Close||9.2621||Payment Date||2018-09-25|