Mutual Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
FT 6791: MUNI INCOME CLOSED-END PORTFOLIO SERIES 70 (NASDAQ:FMBWDX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 FMBWDX
The long term trend has been UP since Jun 1st, 2018 at 8.7366
The intermediate term trend has been UP since May 24th, 2018 at 8.6609
The short term trend has been UP since May 21st, 2018 at 8.5922
Smart Scan Analysis for FMBWDX
Based on a pre-defined weighted trend formula for chart analysis, FMBWDX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.77||52wk High Date||2017-08-01|
|52wk Low||8.54||52wk Low Date||2018-04-25|
|Year End Close||9.28||Payment Date||2018-06-25|