Mutual Trend Analysis Report
Prepared for you on Wednesday, November 22, 2017.
FIRST TRUST 539: INCOME & TREASURY PORTF SERIES 2 (NASDAQ:FINTRX)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 FINTRX
The long term trend has been DOWN since Oct 12th, 2017 at 13.2554
The intermediate term trend has been DOWN since Sep 18th, 2017 at 13.3846
The short term trend has been DOWN since Nov 8th, 2017 at 13.1787
Smart Scan Analysis for FINTRX
Based on a pre-defined weighted trend formula for chart analysis, FINTRX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||13.47||52wk High Date||2017-09-07|
|52wk Low||12.76||52wk Low Date||2016-12-15|
|Year End Close||12.9605||Payment Date||2017-11-30|