Mutual Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
FIRST TRUST 582: INCOME & TREASURY PORTFOLIO SERIES 3 (NASDAQ:FINCTX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 Dec 19th, 2017 at 11.2742
The short term trend has been UP since Mar 1st, 2018 at 10.8986
Smart Scan Analysis for FINCTX
Based on a pre-defined weighted trend formula for chart analysis, FINCTX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.63||52wk High Date||2017-06-20|
|52wk Low||10.8||52wk Low Date||2018-02-21|
|Year End Close||11.3508||Payment Date||2018-03-31|