Mutual Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
FT 6579: SENIOR LOAN CLOSED-END & ETF PORTFOLIO SERIES 16 (NASDAQ:FEAHRX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 May 4th, 2017 at 9.5504
The intermediate term trend has been UP since Mar 6th, 2018 at 9.2878
The short term trend has been DOWN since Mar 15th, 2018 at 9.2736
Smart Scan Analysis for FEAHRX
Based on a pre-defined weighted trend formula for chart analysis, FEAHRX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.66||52wk High Date||2017-04-28|
|52wk Low||9.14||52wk Low Date||2017-11-14|
|Year End Close||9.2621||Payment Date||2018-03-25|