Mutual Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
THE FIRST TRUST COMBINED SERIES 551: INVESTMENT GRADE MULTI-ASSET INC (NASDAQ:FJPQAX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 FJPQAX
The long term trend has been DOWN since Dec 19th, 2017 at 1071.869995
The intermediate term trend has been DOWN since Sep 4th, 2018 at 1029.959961
The short term trend has been UP since Nov 5th, 2018 at 1004.590016
Smart Scan Analysis for FJPQAX
Based on a pre-defined weighted trend formula for chart analysis, FJPQAX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1079.56||52wk High Date||2017-11-22|
|52wk Low||1004.2||52wk Low Date||2018-11-08|
|Year End Close||1075.31008||Payment Date||2018-11-25|