Mutual Trend Analysis Report
Prepared for you on Monday, October 23, 2017.
FIRST TRUST 3861 MUNI INCOME CLOSED-END PORTFOLIO SERIES 52 (NASDAQ:FHMBKX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 FHMBKX
The long term trend has been UP since Apr 13th, 2017 at 8.2521
The intermediate term trend has been DOWN since Sep 21st, 2017 at 8.4451
The short term trend has been DOWN since Sep 27th, 2017 at 8.4312
Smart Scan Analysis for FHMBKX
Based on a pre-defined weighted trend formula for chart analysis, FHMBKX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8.57||52wk High Date||2016-10-25|
|52wk Low||7.86||52wk Low Date||2016-12-01|
|Year End Close||8.0381||Payment Date||2017-09-25|