Mutual Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
FT 5120: BALANCED INCOME PORTFOLIO SERIES 46 (NASDAQ:FEFGOX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 FEFGOX
The long term trend has been DOWN since Oct 11th, 2018 at 9.7846
The intermediate term trend has been UP since Jan 7th, 2019 at 9.1000
The short term trend has been UP since Jan 4th, 2019 at 8.9900
Smart Scan Analysis for FEFGOX
Based on a pre-defined weighted trend formula for chart analysis, FEFGOX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-01-26|
|52wk Low||8.59||52wk Low Date||2018-12-24|
|Year End Close||8.96||Payment Date||2018-12-25|