Mutual Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
FT 6797: ALTERNATIVE INCOME PORTFOLIO SERIES 24 (NASDAQ:FGENQX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 FGENQX
The long term trend has been UP since Jan 3rd, 2018 at 9.7328
The intermediate term trend has been UP since Dec 11th, 2017 at 9.4604
The short term trend has been DOWN since Jan 16th, 2018 at 9.7962
Smart Scan Analysis for FGENQX
Based on a pre-defined weighted trend formula for chart analysis, FGENQX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.86||52wk High Date||2017-07-03|
|52wk Low||9.26||52wk Low Date||2017-11-15|
|Year End Close||9.621||Payment Date||2018-01-25|