Mutual Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
FEDERATED HIGH INCOME BOND FUND - R6 SHARES (NASDAQ:FHBRX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 FHBRX
The long term trend has been UP since May 30th, 2017 at 7.67
The intermediate term trend has been DOWN since Aug 10th, 2017 at 7.66
The short term trend has been UP since Sep 14th, 2017 at 7.65
Smart Scan Analysis for FHBRX
Based on a pre-defined weighted trend formula for chart analysis, FHBRX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7.72||52wk High Date||2017-07-26|
|52wk Low||7.47||52wk Low Date||2017-03-14|
|Year End Close||7.56||Payment Date||2017-10-11|