Mutual Trend Analysis Report
Prepared for you on Monday, December 18, 2017.
FIRST TRUST 582: INCOME & TREASURY PORTFOLIO SERIES 3 (NASDAQ:FINCTX)
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 FINCTX
The long term trend has been DOWN since Jul 13th, 2017 at 11.2404
The intermediate term trend has been DOWN since Sep 18th, 2017 at 11.4443
The short term trend has been DOWN since Nov 29th, 2017 at 11.3347
Smart Scan Analysis for FINCTX
Based on a pre-defined weighted trend formula for chart analysis, FINCTX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.63||52wk High Date||2017-06-20|
|52wk Low||10.83||52wk Low Date||2016-12-16|
|Year End Close||11.0198||Payment Date||2017-12-29|