Mutual Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
GOVT INCOME SECURITIES INC (FEDERATED) (NASDAQ:FGOIX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 FGOIX
The long term trend has been DOWN since Oct 25th, 2017 at 8.76
The intermediate term trend has been UP since Mar 14th, 2018 at 8.57
The short term trend has been UP since Mar 27th, 2018 at 8.58
Smart Scan Analysis for FGOIX
Based on a pre-defined weighted trend formula for chart analysis, FGOIX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8.88||52wk High Date||2017-09-07|
|52wk Low||8.45||52wk Low Date||2018-05-17|
|Year End Close||8.73||Payment Date||2018-05-01|