Mutual Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
THE FIRST TRUST COMBINED SERIES 558: INVESTMENT GRADE MULTI-ASSET INC (NASDAQ:FECNTX)
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 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 Nov 19th, 2018 at 1098.259968
Smart Scan Analysis for FECNTX
Based on a pre-defined weighted trend formula for chart analysis, FECNTX scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1211.6||52wk High Date||2017-12-15|
|52wk Low||1085.68||52wk Low Date||2018-11-02|
|Year End Close||1206.969984||Payment Date||2018-11-25|