Mutual Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
THE FIRST TRUST COMBINED SERIES 558: INVESTMENT GRADE MULTI-ASSET INC (NASDAQ:FECNTX)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 FECNTX
The long term trend has been DOWN since Jul 5th, 2017 at 1189.010010
The intermediate term trend has been DOWN since Sep 4th, 2018 at 1135.469971
The short term trend has been DOWN since Sep 11th, 2018 at 1128.540032
Smart Scan Analysis for FECNTX
Based on a pre-defined weighted trend formula for chart analysis, FECNTX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1211.6||52wk High Date||2017-12-15|
|52wk Low||1122.46||52wk Low Date||2018-05-17|
|Year End Close||1206.969984||Payment Date||2018-09-25|