Mutual Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
THE FIRST TRUST COMBINED SERIES 375 TAX EXEMPT INCOME TRUST INTERMEDIATE (NASDAQ:FGPRUX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 FGPRUX
The long term trend has been DOWN since Aug 9th, 2018 at 792.979980
The intermediate term trend has been DOWN since Jul 30th, 2018 at 795.429993
The short term trend has been UP since Nov 16th, 2018 at 765.630016
Smart Scan Analysis for FGPRUX
Based on a pre-defined weighted trend formula for chart analysis, FGPRUX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||850.95||52wk High Date||2017-11-20|
|52wk Low||765.27||52wk Low Date||2018-11-06|
|Year End Close||804.84||Yield||3.52|