Mutual Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
FT 6579: SENIOR LOAN CLOSED-END & ETF PORTFOLIO SERIES 16 (NASDAQ:FEAHRX)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 Dec 4th, 2017 at 9.2195
The short term trend has been UP since Jan 12th, 2018 at 9.2453
Smart Scan Analysis for FEAHRX
Based on a pre-defined weighted trend formula for chart analysis, FEAHRX scored +50 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||2018-01-25|